! 49 Part 4 of 15 8 00:31:26 You skipped this question in the previous attempt. 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 labor-hours and its standard cost card per unit is as follows: Direct material: 5 pounds at $10.00 per pound $ 50.00 Direct labor: 3 hours at $17 per hour Variable overhead: 3 hours at $7 per hour Total standard variable cost per unit 51.00 21.00 $122.00 The company also established the following cost formulas for its selling expenses: Fixed Cost Advertising Sales salaries and commissions per Month $330,000 $360,000 Variable Cost per Unit Sold Shipping expenses $25.00 $16.00 The planning budget for March was based on producing and selling 24,000 units. However, during March the company actually produced and sold 30,600 units and incurred the following costs: a. Purchased 170,000 pounds of raw materials at a cost of $9.00 per pound. All of this material was used in production. b. Direct-laborers worked 68,000 hours at a rate of $18.00 per hour. c. Total variable manufacturing overhead for the month was $512,040. d. Total advertising, sales salaries and commissions, and shipping expenses were $340,000, $520,000, and $245,000, respectively.