FAITH, the consultant of JOY had summarized the following standard cost data extracted from the historical records and performance reports issued by the cost accounting department in the prior year to assist in her analysis and evaluation of the standard costing policy of the company: Direct materials Direct Labor Input required per unit Standard cost per unit Standard cost per unit 6kg per unit P90 per kg P540 5 hours per unit P50 per hour P250 Other information follows: Budgeted factory overhead for the year Variable 480,000 Fixed 600,000 The company's normal capacity per month is 400 units. Actual cost materials purchased for the year is P2,342,000 During the year, direct materials purchased is 26,880 kgs while direct materials actually used is 24,760 kgs Actual labor cost for the year 1,080,000 of which 24,900 direct Labor hours was consumed Actual factory overhead amounted to 1,320,000, 65% of which is fixed cost, Factory overhead is based on Labor hours. Actual production during the year is 5,150 units . A. Compute for Spending Variance B. Compute for Variable Overhead Efficiency Variance C. Compute for Controllable Variance