Jaguar Machines uses two rates to apply overhead to jobs. One rate is based on material cost, the other on machine time. The following data relate to 2014.

Budget

Materials-relatedoverheadP 1,280,000

Machine-related overhead2,200,000

Cost of materials used onjobs3,200,000

Machine hours400,000

Data related to three jobs worked in June follow:

Job X2Job X3Job X4

MaterialsP42,000P164,000P 78,000

Directlabor32,00026,00036,000

Machinehours17,0009,0005,800

Actual materials related to overhead was P118,400 andactual machine related overhead was P185,600. The total amount of overhead variance is