54. A manager must decide among three alternatives: Machine A costing P2 million, Machine B costing P1.5 million, or Machine C costing P4million. Product forecasts and processing times on the machines are as follows: Product Annual demand Processing Time per Unit (minutes) Machine A Machine B Machine C 1 16,000 3 4 2 2 12,000 4 4 3 3 6,000 5 6 4 4 30,000 2 2 1 Which machine would give the lowest total cost and what would be the corresponding total cost? Assume machines operate 10 hours a day and 250 days a year. A.Machine A, P4million B. Machine B, P3million D. Machine A, P2million C. Machine C, P4million