1. Alpha Company has a standard fixed cost of P10 per unit. At an actual production of 16,000 units an unfavorable volume variance of P20,000 resulted. What were total budgeted fixed costs?

Group of answer choices

P160,000

P180,000

P140,000

Cannot be determined without further information

2. During April, 80,000 units were produced. The standard quantity of material allowed per unit was 2 pounds at a standard cost of P5 per pound. If there was a favorable usage variance of P40,000 for April, the actual quantity of materials used must have been

Group of answer choices

84,000 pounds

76,000 pounds

168,000 pounds

152,000 pounds

3. The standards for direct labor for a product are 2.5 hours at P8 per hour. Last month, 9,000 units were produced and the labor efficiency variance was P8,000 F. The actual number of hours worked during the past period was:

Group of answer choices

21,500

22,500

20,500

23,500