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The income data of Escano Company for the year 2009 and 2010 are as follows: 2010 2009 Sales P 276,000 P 204,000 Cost of goods

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The income data of Escano Company for the year 2009 and 2010 are as follows: 2010 2009 Sales P 276,000 P 204,000 Cost of goods sold 151,800 122.400 Gross profit P124,200 P81,600 The sales price in 2010 is approximately 20% higher than the sales price in 2009. What is Escano's cost price variance for 2010

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