Antiyaga Co. uses a standard costing system in the manufacture of its single product. The 30,000...

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Antiyaga Co. uses a standard costing system in the manufacture of its single product. The 30,000 units of raw material in inventory were purchased for P105,000, and three units of raw material are required to produce one unit of final product. In November, the company produced 8,000 units of product. The standard allowed for material was P60,000, and there was an unfavorable quantity variance of P2,500. The materials price variance for the units used in November was? Antiyaga Co. uses a standard costing system in the manufacture of its single product. The 30,000 units of raw material in inventory were purchased for P105,000, and three units of raw material are required to produce one unit of final product. In November, the company produced 8,000 units of product. The standard allowed for material was P60,000, and there was an unfavorable quantity variance of P2,500. The materials price variance for the units used in November was?

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