6 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: Direct material: 5 pounds at $10 per pound Directe Labour: 2 hours at $15 per hour Variable overhead: 2 hours at $5 per hour Total standard variable cost per unit 5 $50 30 10 590 923650 Fixed overhead was budgeted at $625,000. 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 Variable Cost per Month per Unit Sold Advertising 5400,000 Sales salaries and conmissions $300,000 $13.00 Shipping expenses $ 3.00 The statice, planning) budget for March was based on producing and selling 32,000 units. However, during March the company actually produced and sold 37,600 units and incurred the following costs: Purchased 200,000 pounds of raw materials at a cost of $9.4 per pound. All of this material was used in production b. Direct labourers worked 75,000 hours at a rate of $16 per hour Total variable manufacturing overhead for the month was $558,900. And fixed manufacturing overhead was $620.000 d. Total advertising, sales salaries and commissions, and shipping expenses were $416,000, 5780,000, and $135,000, respectively. Required: What is the direct labour rate variance for March? (Input the amount as a positive value. Leave no cells blank be certain to enter *o" wherever required. Indicate the effect of each variance by selecting "F* for favourable, "U" for unfavourable, and "None" for no effect (le, zero variance.)) Labour avance ME