5. If Preble had purchased 187,000 pounds of materlals at $7.20 per pound and used 160,000 pounds in production, what would be the materlals price varlance for March? (Indlcate the effect of each varlance by selectling "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero varlance.). Input all amounts as positlve values.) 8. What direct labor cost would be Included in the company's flexible budget for March? 4. What is the materials quantity variance for March? (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero varlance.). Input all amounts as positlve values.) 6. If Preble had purchased 187,000 pounds of materials at $7.20 per pound and used 160,000 pounds in production, what would be the materlals quantity varlance for March? (Indlcate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero varlance.). Input all amounts as positive values.) 12. What variable manufacturing overhead cost would be Included in the company's planning budget for March? 10. What is the labor efficlency varlance for March? (Indlcate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero varlance.). Input all amounts as positlve values.) 15. What is the varlable overhead efficlency varlance for March? (Round the actual overhead rate to two decimal places. Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero varlance.). Input all amounts as positive values.) 7. What direct labor cost would be included in the company's planning budget for March? 3. What is the materials price varlance for March? (Indlcate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero varlance.). Input all amounts as positlve values.) 13. What varlable manufacturing overhead cost would be included in the company's flexible budget for March? Variable manufacturing overhead cost 11. What is the labor spending varlance for March? (Indlcate the effect of each varlance by selectlng "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero varlance.). Input all amounts as positlve values.) 14. What is the varlable overhead rate varlance for March? (Round the actual overhead rate to two decimal places. Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero varlance.). Input all amounts as positive values.) Required Information [The following information applies to the questions displayed below.] Preble Company manufactures one product. Its varlable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows: The planning budget for March was based on producing and selling 19,000 units. However, during March the company actually produced and sold 24,000 units and incurred the following costs: a. Purchased 160,000 pounds of raw materlals at a cost of $7.20 per pound. All of this material was used in production. b. Direct laborers worked 72,000 hours at a rate of $18 per hour. c. Total variable manufacturing overhead for the month was $336,960. 2. What raw materials cost would be Included in the company's flexible budget for March? Required Information [The following information applies to the questions displayed below.] Preble Company manufactures one product. Its varlable manufacturing overhead is applied to production based on direct labor-hours and Its standard cost card per unit is as follows: The planning budget for March was based on producing and selling 19,000 units. However, during March the company actually produced and sold 24,000 units and incurred the following costs: a. Purchased 160,000 pounds of raw materlals at a cost of $7.20 per pound. All of this material was used in production. b. Direct laborers worked 72,000 hours at a rate of $18 per hour. c. Total varlable manufacturing overhead for the month was $336,960. Required: 1. What raw materlals cost would be Included in the company's planning budget for March