65.00 40.00 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 materiali pounds at $10.00 per pound $ 80.00 Direct labore 5 hours at $17 per hour Variable overhead: 5 hours at se per hour Total standard variable cont per unit $185.00 The company also established the following cost formulas for its selling expenses: Variable Fixed cost per Month Advertising $ 290,000 Sales salaries and commission $ 280,000 $ 21.00 Shipping expenses $12.00 The planning budget for March was based on producing and selling 15,000 units. However, during March the company actually produced and sold 17,000 units and incurred the following costs: Cost per Unit Sold a. Purchased 170,000 pounds of raw materials at a cost of $8.00 per pound. All of this material was used in production b. Direct-aborers worked 64,000 hours at a rate of $14.00 per hour. c. Total variable manufacturing overhead for the month was $513,920. d. Total advertising, sales salaries and commissions, and shipping expenses were $300,000 $500,000, and $205,000, respectively Foundational 9-1 (Algo) Required: 1. What raw materials cost would be included in the company's flexible budget for March? Raw material cost Foundational 9-2 (Algo) 2. What is the materials quantity variance for March? (Indicate the effect of each variance by selecting "f" for favorable, "U" for unfavorable, and "None" for no effect (le, zero variance.). Input the amount as a positive value.) Foundational 9-3 (Algo) 2. What is the materials price variance for March? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effectie, tero variance.). Input the amount as a positive value.) Materials private Foundational 9-6 (Algo) 6. What direct labor cost would be included in the company's flexible budget for March? Diberon