Sorry, first problem and we’re already going to work backwards, but here we go…

Note: We’ll redo the videos once we have acquired suitable equipment. Forgive the quality. I also had a hard time using PPT and screen videos for solving problems. It’s a lot of work compared to simply taking a video of me writing the solution on a piece of paper XD.

So, our answer is P6,000 favorable.

And that’s how I answer price and efficiency variances. Let’s have another sample?