8. What is the variable overhead rate variance for March? (Round the actual overhead rate to two decimal places indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None for no effect lezero variance.11 Variable overhead tanance 7 What is the variable overhead spending variance for March (Do not round intermediate calculations. Round the actual overhead rate to two decimal places, indicate the effect of each variance by selecting "F" for favorable. "U" for unfavorable, and "None" for no effectie. Zero variance.).) Variable overhead spending variance 6. What is the labour efficiency variance for March? (Indicate the effect of each variance by selecting "F" for favorable. "U" for unfavorable, and "None" for no effect fi.e., zero variance.). Do not round intermediate calculations.) Labour efficiency variance 5. What is the labour rate variance for March? (Indicate the effect of each variance by selecting "P" for favorable. "U" for unfavorable, and "None" for no effect (le, zero variance.). Do not round Intermediate calculations.) Labour ate variance company manufactures one product its variable manufacturing overhead is applied to production based on direct tabour-hours, and its standard costs per unit are as follows Direct materials: 5 kg at $10.00 per kg Direct labour: 2 hours at $15 per hour Variable overhead: 2 hours at $5 per hour $50.00 30.00 10.00 Total standard cost per unit $90.00 The company planned to produce and sell 32,000 units in March However, during March the company actually produced and sold 37.600 units and incurred the following costs Purchased 200,000 kg of raw materials at a cost of $9.40 per kg. All of this material was used in production b. Direct labour 75.000 hours at a rate of $16 per hour Total variable manufacturing overhead for the month was $558 750 2 What is the materials quently variance for March? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effectie zero variance..) [The following information applies to the questions displayed below.) Preble Company manufactures one product. Its variable manufacturing overhead labour-hours, and its standard costs per unit are as follows: Direct materials: 5 kg at $10.00 per kg Direct labour: 2 hours at $15 per hour Variable overhead: 2 hours at $5 per hour Total standard cost per unit $50.00 30.00 1 , $99.00 The company planned to produce and sell 32,000 units in March However, during Ma and sold 37,600 units and incurred the following costs a. Purchased 200.000 kg of raw materials at a cost of $9 40 per kg. All of this material we b. Direct labour 75.000 hours at a rate of $16 per hour c. Total variable manufacturing overhead for the month was $558.750. 1 What is the materials price variance for March? (Indicate the effect of each variance by selectin unfavorable, and "None" for no effect (l.e., zero variance.):) Materials price variance $
