Notes on answering: 1. When computing, do not use rounded off numbers. E.g., use 3/7 or 0.4285714286 instead of 0.43. 2. Answers in the handwritten solutions must have proper units of measure. Place a peso sign for money amount, % for percentage, times for the turnover. Drop the units of measure for answers in the google form. 3. Final answers which are ratios must be in percent and then round off to two decimal places. E.g., 66.67% for the solution and 66.67 for the google form > not 0.67 and not 67% 4. For the other final answers, if they are not whole numbers, round off to two decimal places. 3. In the handwritten solutions, clearly state whether computed variances are favorable or not. In the google form, type the number as-is if favorable. If unfavorable, place a dash (-) sign before the number. 1 point 5. Compute the quantity variance based on the data on the image. * Sale Price Cost per Unit 2018 P 520 360 2019 P 500 330 Units Sold 13,000 13,500 Your answer 6. Assuming that the sales price 1 point increased by 5%, what is the cost price variance? * 2021 2020 Sales P 6,235,500 P 6,000,000 Cost of Sales 5,049,000 5,000,000