1. Coach Company manufactures tables with glass tops. The standard material cost for the glass used per Type-R table is P7.80 based on six square-feet of vinyl at a cost of P 1.30 per square-foot. A production run of 1,000 tables in 2021 resulted to usage of 6,400 square-feet of vinyl at a cost of P 1.20 per square-foot, a total of P 7,680. The materials usage variance resulting from the above production run was

? P120 favorable

? P520 unfavorable

? P640 favorable

? P480 unfavorable

? None of the above

2. The following data are available for MR SANJO Corp. during the past months:

Month No of Units Total Cost January 19 P 15,200 February 11 P 13,200 March 46 P 40,800 April 17 P 14,600 May 11 P 12,800 June 12 P 13,100 Using high low method, determine the variable cost per unit