The following information is for the standard and actual costs for Happy Corporation: Standard Costs: Budgeted units of production 16,000 [80% (or normal) capacity] Standard labor hours per unit 4 Standard labor rate P26 per hour Standard material per unit 8 lbs. Standard material cost P12 per pound Standard variable overhead rate P15 per labor hour Budgeted fixed overhead P640,000 Fixed overhead rate is based on budgeted labor hours at 80% (or normal) capacity. Actual Costs: Actual production 16,500 units Actual material purchased and used 130,000 pounds Actual total material cost P1,600,000 Actual labor 65,000 hours Actual total labor costs P1,700,000 Actual variable overhead P1,000,000 Actual fixed overhead P640,000 Determine (Note: Do not round interim calculations.) 16. the direct materials quantity variance 17. the direct materials price variance 18. the total direct materials cost variance 19. the direct labor time variance 20. thedirect labor rate variance 21. the total direct labor cost variance 22. the factory overhead volume variance 23. the factory overhead controllable variance 24. total factory overhead cost variance