Fallen Company provides the following production data:

Total standard overhead cost per unit of product: 4 hours at P 3.00 per hour = P 12.00 unit Budgeted fixed factory overheadP 20,000

Normal production2,500 units

Actual production2,000 units

Actual hours7,500 hours

Actual factory overhead incurred (75% fixed)P 26,000

REQUIRED: Determine the following: (Indicate the type of variance: U= Unfavorable; F = Favorable)

1.Budgeted factory overhead

2.Standard factory overhead

3.Budgeted FOH based on actual hours

4.Budgeted FOH based on standard hours

5.Controllable variance

6.Volume variance

7.Spending variance

8.Variable efficiency variance

9.Variable spending variance

10.Fixed spending variance