1. The following data are available for X Corp:

Overhead Item Cost Driver Budgeted Cost Budgeted Activity Machine Set ups No of set ups 20,000.00 200.00 Inspection No. of inspections 130,000.00 6,500.00 Materials handling No. of material moves 80,000.00 8,000.00 Engineering Engr Hours 50,000.00 1,000.00 The foll info was collected for X CORP > Product A Product B Direct materials 5,000.00 12,000.00 Direct labor 2,000.00 2,000.00 Units completed 100.00 50.00 No. of Set ups 1.00 2.00 No. of inspections 20.00 10.00 No. of material moves 30.00 10.00 Engr Hours 10.00 50.00 Using ABC, compute the cost of each unit of Product A?Standard Standard Input Qty Cost Per Chemical (in Liters) Liter Total Cost 200 P.200 P40.00 B 100 425 42.25 C 250 .150 37.50 D 50 .300 15.00 Total 600 P135.00 The quantities purchased and used during the current period are shown below. A total of 140 batches were made during the current period. Standard Total Input Qty Purchase Qty Used Chemical (in Liters) Price (liters) A 25,000 P 5,365 26,600 B 13,000 6,240 12,880 C 40,000 5.840 37.800 D 7,500 2,220 7.140 Total 85.500 P19,665 84.420