A machine costing P1,000,000 is expected to produce 10,000units of steel pipe during the entire life before being replaced. Atthe end of its life, it will have a scrap value of P50,000. The costof housing the machine is P25,000 a year. The powerconsumption per unit is P9 and the maintenance of the machineper unit will be P7. Labor costs P35 per unit. If depreciation of themachine is P198,772.71 per year, determine the total productioncost per unit. The annual production is 2,500 units.