5 Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labour-hours and its standard cost card per unit is as follows: 25 points Direct material: 6 pounds at $8 per pound Direct labour : 3 hours at $14 per hour Variable overhead: 3 hours at 55 per hour Total standard variable cost per unit $48 42 15 $105 8 0204 Fixed overhead was budgeted at $595,000. Fixed overhead is applied on the basis of direct labour hours. The company also established the following cost formulas for its selling expenses Fixed cost per Variable cost per Month Unit Sold Advertising $ 250,000 Sales salaries and commissions 5 150,000 $12.00 Shipping wenses $ 4.00 The static planning budget for March was based on producing and selling 19.000 units. However, during March the company actually produced and sold 24000 units and incurred the following costs a. Purchased 100.000 pounds of raw materials at a cost of 572 per pound. All of this material was used in production b. Dvechebourers worked 60,000 hours at a rate of $15 per hoc Total variable manufacturing overhead for the month was $330.000 Ana fuced manufacturing overhead was $590,000 Total advertising, sales salaries and commissions and shoppenses were $250.000 $430,000 and $120.000, respectively actually produced and sold 24.000 units and incurred the following costs 5 3. Purchased 160,000 pounds of raw materials at a cost of $72 per pound. All of this material was used in production b. Direct-labourers worked 60,000 hours at a rate of $15 per hour c. Total variable manufacturing overhead for the month was $336,600 And fixed manufacturing overhead was $590,000 d. Total advertising, sales salaries and commissions, and shipping expenses were $259.000,5430,000 and $120,000, respectively 25 poris 020422 Required: What's the direct labour efficiency variance for March? (Input the amount os a positive value. Leave no cells blank - be certain to enter "om wherever required. Indicate the effect of each verlonce by selecting "F* for favourable. "U" for unfavourable, and "None for no effect ile zero variance.). Labout vicc Yalante