The U.R. Good Company produces a product using standard costs as follows:
a.  Standard cost per unit
     Materials    7 kilos at ₱ 3.50 per kilo
     Labor    8 hours at ₱ 1.75 per kilo
     Fixed  MOH    ₱ 1.15 per hour or ₱ 9.20 per unit
     Variable MOH    ₱ 0.85 per hour or ₱ 6.80 per unit
b.  Overhead is applied on direct labor hours
c.  Actual performance (1 month)
     Volume produced    800
     Labor hours     6,300
     Overhead    ₱13,200
     Material Cost    ₱ 3.45 per kilo
     Labor Cost    ₱ 1.80 per hour
     Material Used    4,800 kilos
The Material Quantity Variance is ____________________ .
Group of answer choices
₱ 2,800  Favorable
₱ 250  Unfavorable
₱ 200  Favorable
₱ 240  Favorable

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