A manufacturer of portable DVD player buys components from subcontractors for assembly into complete DVD players. Each player requires 6 units of Part A, which has a standard cost of P100 per unit. During May, the company's records showed the following with respect to Part A: Purchases 15,000 units; Purchase price P110 per unit; Units of players produced 2,000; Units of Part A used in production 12,400. What is the company's materials purchase price variance? indicate if favorable or unfavorable. Do not use parenthesis if unfavorable. (amount, space, favorable or unfavorable)