1. The data below are available for SANJO

Standard Standard Input Qtv Cost Per Chemical (in Liters) Liter Total Cost 200 P.200 P40.00 100 .425 42.25 250 150 37.50 50 300 15.00 Total 600 P135.00 The quantities purchased and used during the current period are shown below. A total of 140 batches were made during the current period. Standard Total Input Qty Purchase Oty Used Chemical (in Liters) Price (liters) A 25.000 P 5.365 26.600 B 13.000 6.240 12.880 C 40.000 5,840 37.800 7.500 2.220 7.140 Total 85.500 P19,665 84.420Actual total direct labor P 43,000 Actual direct labor hours used 14,000 Standard hours allowed for good output 15,000 Direct labor rate variance-debit 1,400 Actual total overhead P 32,000 Budgeted fixed cost P 9,000 Normal activity in hours 12,000 Total overhead application rate per standard direct labor hour P 2.25 What is the budget variance