hi can you answer this and provide the solution as well? thank you

c. P1,560 favorable d. P1,200 unfavorable 3. What is the variable overhead flexible-budget variance? a. P1,200 favorable b. P360 unfavorable c. P1,200 unfavorable d. P1,560 favorable 4. What is the variable overhead spending variance? a. P840 unfavorable b. P1,200 favorable CVP Relationship The following information pertaining to the following questions Cotton Inc.'s income statement for the year 2016 on production and sales of 200,000 units is as follows Revenues Cost of Goods Sold Gross Margin Marketing and distribution cost Operating income (loss) P2,600,000 1,600,000 1,000,000 1,150,000 P (150,000) 4 Cotton's fixed manufacturing costs were P500,000, and the variable marketing and distribution costs were P per unit. 5. What is Cotton's variable manufacturing costs per unit in 2016? a. P5.50 b. P4.00 C. P5.75 d. P9.00 6. What is Cotton's fixed marketing and distribution costs in 2016? a. P550,000 b. P800,000 c. P350,000 d. P500,000 7. The break-even point for the year 2016 in units is a. 242,858 b. 55,555 c. 68,965 d. 142,857