NUBD Manufacturing recently completed and sold an order for 50 units that had the following costs: Direct materials Direct labor (1,000 hours at P8.50/hr) Variable overhead (applied on the basis of...

If an 80% learning curve is applicable, NUBD’s total cost on this order would be estimated at

Extracted text: NUBD Manufacturing recently completed and sold an order for 50 units that had the following costs: Direct materials Direct labor (1,000 hours at P8.50/hr) Variable overhead (applied on the basis of direct labor hours) Fixed overhead (applied at the rate of 15% of variable costs) P1,500 8,500 4,000 P15.400 The company has now been requested to prepare a bid for 150 units of the same product.