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Sashimi Company uses a standard cost accounting system in its glass division. The standard cost of making one glass windshield is: Direct materials (60 lbs.

Sashimi Company uses a standard cost accounting system in its glass division. The standard cost of making one glass windshield is:

Direct materials (60 lbs. @ P 1/lb)

P 60.00

Direct labor (3 hr. @ P 10/hr)

30.00

Manufacturing overhead (3 hr. @ P 8/hr)

24.00

Total standard unit cost

P 114.00

The current variable manufacturing overhead rate is P 3 per labor hour and the budgeted fixed manufacturing overhead is P 2,700. During July, the division produced 165 windshields compared to normal capacity of 180 windshields. The actual production cost was:

Direct materials (9,000 lbs)

P 10,800.00

Direct labor (500 hrs)

4,000.00

Manufacturing overhead (50% fixed)

5,200.00

Total actual cost

P 20,000.00

What is the materials price usage variance?

Group of answer choices

P 1,980 favorable

P 1,800 favorable

P 1,980 unfavorable

P 1,800 unfavorable

How much is the fixed overhead volume variance?

Group of answer choices

P 225 over-applied

P 125 over-applied

P 125 under-applied

P 225 under-applied

How much is the variable overhead spending variance?

Group of answer choices

P 1,100 unfavorable

P 1,100 favorable

P 1,115 unfavorable

P 1,115 favorable

What is the labor rate variance?

Group of answer choices

P 990 unfavorable

P 1,000 favorable

P 1,000 unfavorable

P 990 favorable

What is the materials usage variance?

Group of answer choices

P 900 debit

P 1,080 credit

P 900 credit

P 1,080 debit

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