FAST DELIVERY SERVICES delivers packages in the city area and hires drivers to make deliveries. Variable costs has been budgeted and an average standard time has been established to make a delivery. According to the standards, it should be possible to make a delivery in an hour. The office is located in the center of the city and it takes as much time to deliver to one location as it does to another. Fixed cost has been budgeted at P288,000 for the year. Under normal conditions, the company expects to make 15,000 deliveries in a year. The variable cost has been budgeted at P40 per hour. Last year, the company made 12,500 deliveries in 14,000 hours, and incurred a total cost of P860,000, including the fixed cost as budgeted. Use the above data to answer E, F, and Gas follows, next page: 6 E. Required computations. Using a flexible delivery cost budget, compute the following, in hours: 12. Total normal time 13. Total actual time 14. Total standard time F. Required computations. Using the same flexible delivery cost budget, how much is the total budget allowed the following: 15. Normal time 16. Actual time 17. Standard time G. Required computations. Using the same flexible delivery cost budget, compute for: 18. Total applied delivery cost 20. Controllable (or budget) variance 19. Overall variance 21. Uncontrollable for volume) variance *Indicate if favorable, or unfavorable to get credit