Standard direct labor rate

P12.50

Actual direct labor rate

11.25

Standard direct labor hours

12,000

Direct labor adverse usage variance

P14,500

Decrease indirect materials during the year

500,000

Labor cost during the year

400,000

Actual factory overhead during the year

300,000

Increase in work in process during the year

200,000

The decrease in finished goods during the year

100,000