31. Given for the variable factory overhead of GHI Products, Inc.: P39,500 actual input at budgeted rate, P41,500 flexible budget based on standard input allowed for actual output, P2,500 favorable flexible budget variance. Compute the spending variance. A. P500 unfavorable. C. P500 favorable B. P2,000 favorable. D. P2,000 unfavorable. 32. Daly had a $18,000 favorable volume variance, a $15,000 unfavorable variable overhead spending variance, and $12,000 total over-applied overhead. The fixed overhead budget variance was A. $9,000 F. B. $16,000 F. C. 49,000 U. D. S16,000 U. Problems 33 and 34 are based on the following information. The MABINI CANDY FACTORY has the following budgeted factory overhead costs: Budgeted fixed monthly factory overhead costs P85.000 Variable factory overhead P4.00 per direct labor hour For the month of January, the standard direct labor hours allowed were 25,000. An analysis of the factory overhead shows that in January, the factory had an unfavorable budget (controllable) variance of P3,500 and a favorable volume variance of P1,200. The factory uses a two-way analysis of factory overhead variances. 33. The actual factory overhead incurred in January was A. P186,200 B. P188,500 C P181,500 D. P103,500 34. The applied factory overhead in January was A. P188,500 B. P183,800 C. P186,200 D. P103,500 Questions 35 & 36 are based on the following information. Raff Co. has a standard cost system in which manufacturing overhead is applied to units of product on the basis of direct labor hours (DLHS). The following standards are based on 100,000 direct labor hours: Variable overhead 2 DLHs @ $3 per DLH=S6 per unit Fixed overhead 2 DLHs @ $4 per DLH = S8 per unit The following information pertains operations during March: Units actually produced 38,000 Actual direct labor hours worked 80,000 Actual manufacturing overhead incurred: Variable overhead $250,000 Fixed overhead S384,000 35. For March, the variable overhead spending variance was: A. $6,000 F. B. $10,000 U. C. $12.000 U. D. $22,000 F