Factory Overhead Rate The flexible budget of Cardo Corporation in different levels of direct labor hours. Direct Labor Hours 20,000 hours 30,000 hours 40,000 hours Variable FOH PHP 40,000 PHP 60,000...

Extracted text: Factory Overhead Rate The flexible budget of Cardo Corporation in different levels of direct labor hours. Direct Labor Hours 20,000 hours 30,000 hours 40,000 hours Variable FOH PHP 40,000 PHP 60,000 PHP 40,000 Fixed FOH PHP 10,000 PHP 10,000 PHP 10,000 Each product needs 5 direct labor hours, and the company expects to produce 2,000 units in 2030. Calculate the total factory overhead rate per unit using: 1. Direct Labor hours as allocation base 2. Units of production as allocation base