22 ! Part 3 Required information The following information applies to the questions displayed below) Preble Company manufactures one product, its variable manufacturing overhead is applied to production based on direct tabour hours, and is standard costs per unit are as follows 9 02:10:01 Direct materials: 5 kat $10.00 per kg Direct labour 4 hours at $16 per hour Variable avecheads 4 hours at $7 per hour $50.00 64.00 28.00 Print Total standard cost per unit $ 142.00 The company planned to produce and sell 20.000 units in March. However, during March the company actually produced and sold 24.600 units and incurred the following costs a. Purchased 164,000 kg of raw materials at a cost of $2,50 per kg All of this material was used in production b. Direct labour: 57.000 hours at a rate of $17 per hour C. Total Variable manufacturing overhead for the month was $653.220. 5. What is the labour rate variance for March? (Indicate the effect of ench variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (ie., zero variance.). Do not round intermediate calculations.) 23 ! Required information Part 4 of The following information applies to the questions displayed below! Preble Company manufactures one product, its variable manufacturing overhead is applied to production based on direct labour hours, and its standard costs per unit are as follows: 8 02:54 Direct materials: 5 kg at $10.00 per kg Direct labouri 4 hours at $16 per hour Variable avorheads 4 hours at $ per hour 10.00 66.00 28.00 Total standard cost per unit $ 142,00 The company planned to produce and sell 20,000 units In March. However, during March the company actually produced and sold 24 600 units and incurred the following costs a. Purchased 164,000 kg of raw materials at a cost of $250 per kg. All of this material was used in production b. Direct labour: 57000 hours at a rate of $17 per hour Total variable manufacturing overhead for the month was $653.220. 6. What is the labour efficiency variance for March? (Indicate the effect of each variance by selecting "F" for favorable. "U" for unfavorable, and "None" for no effect (ie, zero varionce). Do not round Intermedinte calculations.)