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The data below relate to the month of June for Mik, Inc. which uses a standard cost system: Actual direct labor cost P 43,400 Actual

The data below relate to the month of June for Mik, Inc. which uses a standard cost system:

Actual direct labor cost P 43,400

Actual hours used 14,000 hrs.

Standard hours allowed for good output 15,000 hrs

Direct labor rate variance - debit P 1,400

Actual total overhead P 32,000

Budgeted fixed costs P 9,000

Normal activity in hours 12,000 hrs

Total application rate per standard DLH P 2.25

Tim uses a two-way analysis of overhead variance (controllable and volume).

1. What was Mic's direct labor usage variance for June?

2. What was Mic's budget variance for June?

3. What was Mic's volume variance for June?

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