Aguila Corporation produces a single product. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. The standard costs for one unit of product are as follows: Direct materials: 6 grams at P5.00 Direct labor: 1.8 hours at P100 per hour Variable manufacturing overhead: 1.8 hours at P50 Total standard variable cost per unit P 30.00 180.00 90.00 P300.00 During December 20xx, 2,000 units were produced. The costs associated with December are as follows Materials purchased: 18,000 grams at P6.00 Materials used in production: 14,000 grams Direct labor: 4,000 hours at P97.50 P108,000.00 390,000.00 Variable manufacturing overhead costs incurred 208,000.00 Required: 1. Compute the material variances. 2. Compute the labor variances. 3. Compute the variable manufacturing variances.