25. The folowing information relates to a given department of KEAN COMPANY for the fourth quarter of 2016 Actual factory overhead (totali P178 500 Total overbead application rate P1.50/h Budget formula P8,000 UP P5,000P o.com The total overhead variance is divided into thres variances- spending, efficiency and volume. Wha were the actual hours worked in the departmen during the quarter? A. 137,000 B. 153,000 C. 110,000 121,000 26. XYZ CORPORATION , which sells a single produc provided the following data from its incom statements for the calendar years 2016 and 2015 uanits/ 180,000 unita 750000720 Cost of goods sold 525,000515 575.0 Gross profit 225.000140 In an analysis of variation in gross profit betwee the two years, what would be the effects e changes in sales price and sales volume? Sales Price A. PSO,000 favorable P120.000 unfavorable B P150,000 unfavorable P120,000 favorable C. P180,000 favorable PI50000 unfavorable D. P180,000 unavorable P150,000 tavorable Sales Volume 27. A quantity of a particular raw material wa purchased for P43,250 The standard cost of th material was P2/kg and there was an unfavorabl materials price variance of P3.250. How man kilograms were purchased? C. 21,625 D. 24,875 23,250 Nos. 28 and 29 are based on the followin Information: FAFA COMPANY has requested you to determine th cause of the difference between its 2016 and 201 gross profit based on the following data: Sales Cost of Goods Sold Gross Profit 2017 P252,000 180,000 P200,000 120,000 No additional data was mede except th unit sales increased 20%in 2017 28. What is the company's (1] Sales Price (fact variance and 12] Cost Price (factor) variance? AA: . Ill 8,000 Unfavorable 121 24,000 Unfavorable 1118,000 Favorableta24,000 unfavorable (1112,000 Unfavorable 121 36,000 Favorable [1112,000 Favorable 12] 36,000 Unfavorable D. 29. What is the company's Volume (factor) variance? A. 40,000 Unfavorable 000 Favorable 16,000 Unfavorable D. 8,000 Favorable 25. The folowing information relates to a given department of KEAN COMPANY for the fourth quarter of 2016 Actual factory overhead (totali P178 500 Total overbead application rate P1.50/h Budget formula P8,000 UP P5,000P o.com The total overhead variance is divided into thres variances- spending, efficiency and volume. Wha were the actual hours worked in the departmen during the quarter? A. 137,000 B. 153,000 C. 110,000 121,000 26. XYZ CORPORATION , which sells a single produc provided the following data from its incom statements for the calendar years 2016 and 2015 uanits/ 180,000 unita 750000720 Cost of goods sold 525,000515 575.0 Gross profit 225.000140 In an analysis of variation in gross profit betwee the two years, what would be the effects e changes in sales price and sales volume? Sales Price A. PSO,000 favorable P120.000 unfavorable B P150,000 unfavorable P120,000 favorable C. P180,000 favorable PI50000 unfavorable D. P180,000 unavorable P150,000 tavorable Sales Volume 27. A quantity of a particular raw material wa purchased for P43,250 The standard cost of th material was P2/kg and there was an unfavorabl materials price variance of P3.250. How man kilograms were purchased? C. 21,625 D. 24,875 23,250 Nos. 28 and 29 are based on the followin Information: FAFA COMPANY has requested you to determine th cause of the difference between its 2016 and 201 gross profit based on the following data: Sales Cost of Goods Sold Gross Profit 2017 P252,000 180,000 P200,000 120,000 No additional data was mede except th unit sales increased 20%in 2017 28. What is the company's (1] Sales Price (fact variance and 12] Cost Price (factor) variance? AA: . Ill 8,000 Unfavorable 121 24,000 Unfavorable 1118,000 Favorableta24,000 unfavorable (1112,000 Unfavorable 121 36,000 Favorable [1112,000 Favorable 12] 36,000 Unfavorable D. 29. What is the company's Volume (factor) variance? A. 40,000 Unfavorable 000 Favorable 16,000 Unfavorable D. 8,000 Favorable