ENCHANTRESS CORP. is applying overhead with direct labor hours as its basis. Four direct labor hours are needed to produce one unit of finished goods. Planned production for the period was set at 15,000 units. Budgeted manufacturing overhead amounted to P150,000 for the period, of which 40% of this cost is fixed. The 18,000 direct labor hours during the period resulted in producing 10,000 units. For the current month, the company incurred variable manufacturing overhead amounting to P65,000 and fixed manufacturing overhead cost was P50,000. How much is the total budget variance? *

A. P165,000 UF

B. P5,000 UF

C. P5,000 F

D. P165,000 F