Xtra Klean manufactures a cleaning solvent. The company employs both skilled and unskilled workers. Skilled workers class C are paid P12 per hour, while unskilled workers class D are paid P7 per hour. To produce one 55-gallon drum of solvent requires 4 hours of skilled labor and 2 hours of unskilled labor. The solvent requires 2 different materials: A and B. The standard and actual material information is given below:

Standard:

Material A:

30.25 gallons @ P1.25 per gallon

Material B:

24.75 gallons @ P2.00 per gallon

Actual:

Material A:

10,716 gallons purchased and used @ P1.50 per gallon

Material B:

17,484 gallons purchased and used @ P1.90 per gallon

Skilled labor hours:

1,950 @ P11.90 per hour

Unskilled labor hours:

1,300 @ P7.15 per hour

During the current month Xtra Klean manufactured 500 55-gallon drums. (Round all answers to the nearest peso.)

a.What is the total material mix variance?

b.What is the total material yield variance?

c.What is the labor mix variance?

d.What is the labor yield variance?