El Company's direct labor costs are presented as follows:

Standard direct labor hours 30,000 Actual direct labor hours 29,000 Direct labor efficiency variance, favorable P 4,000 Direct labor rate variance, favorable P 5,800 Total payroll P 100,200

• What was El's standard labor rate? a. P3.54 b. P4.00 c. P3.80 d. P5.80

• Using the same information in no. 7, what was El's actual direct labor rate?

a. P3.60

b. P4.00 c. P3.80 d. P5.80