Compute for the missing amounts and provide all the supporting computations

Standard Variable Cost per unit

a. Materials: 4 pounds @ (1) Php ______ (2) Php ______

b. Direct Labor: (3) ______ hours @ Php 12.00 Php 6.00

c. Variable overhead: Php 8 per direct labor hour (4) Php ______

Production 8,000 units

Materials Purchases, 32,000 pounds Php 62,000

Materials used at standard prices, 31,200 pounds (5) Php ______

Direct labor (actual) (6) ______ hours Php 47,200

Material purchase price variance Php 2,000 adverse

Material usage variance (7) Php ______

Direct labor rate variance Php 2,000 favorable

Direct labor efficiency variance (8) Php ______

Variable overhead spending variance Php 1,500 favorable

Variable overhead "Efficiency" variance (9) Php ______

Actual variable overhead cost (10) Php ______