A USB2 cable has four conductors: two are for 5VDC power (one line + called VBUS, one line Ground), and the other two for data are a TWISTED PAIR covered with its own shield for noise reduction. Data transmission is done by Differential signalling, so the lines are labelled D+ and D-. I strongly suspect the "28 AWG/1P" is the twisted pair of data lines consisting of 28 gauge wire, and the "24 AWG/2C" is the two conductors for DC power, at 24 gauge wire.
Actually, the labels are different because "1P" is NOT the same as "2C". The "1P" label is for a TWISTED PAIR of wires with surrounding shield, NOT just a plain pair of wires for the signals. The "2C" denotes two wires (conductors) with no special arrangement or shielding.