Assume the following budgeted data for the year :

Manufacturing overhead costs P96,000

Number of units of production 24,000 units

Direct material costs P480,000

Machine hours 12,000 hours

Direct labor hours 40,000 hours

Direct labor costs P200,000

Compute for the overhead rate using the

1. Direct labor cost basis

2. Direct Labor Hour Basis

3. Direct Material Cost Basis

4. Machine Hours Basis

5. Units of Production Basis