During July, Hannah Co.'s direct material costs for the production of Product X were as follows: 1. The materials cost variance is a. P89,700 unfavorable c. P10,950 favorable b. P78,750 favorable d. P10,950 unfavorable 2. The materials efficiency variance or usage variance is a. P10,950 unf avorable c. P3,450 unfavorable b. P 7,500 unfavorable d. P7,500 favorable 3. The materials spending variance or price variance is a. P3,450 unf avorable c. P 7,500 unfavorable b. P3,450 favorable d. P10,950 unfavorable