$ 99.00 The Foundational 15 (Algo) (LO9-1, LO9-2, LO9-4, LO9-5, LO9-6] (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 material: 4 pounds at $9.00 per pound $36.00 Direct labor: 3 hours at $15 per hour 45.00 Variable overhead: 3 hours at $6 per hour 18.00 Total standard variable cost per unit The company also established the following cost formulas for its selling expenses: Variable Fixed Cost Cost per per Month Unit Sold Advertising $ 210,000 Sales salaries and commissions $ 120,000 $ 13.00 Shipping expenses $ 4.00 The planning budget for March was based on producing and selling 26,000 units. However, during March the company actually produced and sold 31,000 units and incurred the following costs: a. Purchased 155,000 pounds of raw materials at a cost of $7.20 per pound. All of this material was used in production. b. Direct-laborers worked 56,000 hours at a rate of $16.00 per hour. c. Total variable manufacturing overhead for the month was $524,720. d. Total advertising, sales salaries and commissions, and shipping expenses were $220,000 $460,000, and $125,000, respectively WE Advertising $ 210,000 Sales salaries and commissions $ 120,000 $ 13.00 Shipping expenses $ 4.00 The planning budget for March was based on producing and selling 26,000 units. However, during March the company actually produced and sold 31,000 units and incurred the following costs: a. Purchased 155,000 pounds of raw materials at a cost of $7.20 per pound. All of this material was used in production b. Direct-aborers worked 56,000 hours at a rate of $16.00 per hour. c. Total variable manufacturing overhead for the month was $524,720. d. Total advertising, sales salaries and commissions, and shipping expenses were $220,000, $460,000, and $125,000. respectively, Foundational 9-7 (Algo) 7. What is the direct labor efficiency variance for Morch? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as a positive value.) Direct labor efficiency variance Sales salaries and commissions Shipping expenses UV $ 120,000 $ 13.00 $ 4.00 The planning budget for March was based on producing and selling 26,000 units. H actually produced and sold 31,000 units and incurred the following costs: a. Purchased 155,000 pounds of raw materials at a cost of $7.20 per pound. All of th b. Direct-laborers worked 56,000 hours at a rate of $16.00 per hour. C. Total variable manufacturing overhead for the month was $524,720. d. Total advertising, sales salaries and commissions, and shipping expenses were $ respectively. Foundational 9-8 (Algo) 8. What is the direct labor rate variance for March? (Indicate the effect of each variance by unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as a positiv Direct labor rate variance hours at $15 per hour Variable overhead: 3 hours at $6 per hour Total standard variable cost per unit 45.00 18.00 $ 99.00 The company also established the following cost formulas for its selling expenses: Variable Cost per Unit Sold Fixed Cost per Month Advertising $ 210,000 Sales salaries and commissions $ 120,000 $ 13.00 Shipping expenses $ 4.00 The planning budget for March was based on producing and selling 26,000 units. However, during March the com actually produced and sold 31,000 units and incurred the following costs: a. Purchased 155,000 pounds of raw materials at a cost of $7.20 per pound. All of this material was used in product b. Direct-laborers worked 56,000 hours at a rate of $16.00 per hour. c. Total variable manufacturing overhead for the month was $524,720. d. Total advertising, sales salaries and commissions, and shipping expenses were $220,000 $460,000, and $125, respectively. Foundational 9-9 (Algo) 9. What variable manufacturing overhead cost would be included in the company's flexible budget for March? Variable manufacturing overhead cost Variable Fixed Cost Cost per per Month Unit Sold Advertising $ 210,000 Sales salaries and commissions $ 120,000 $ 13.00 Shipping expenses $ 4.00 The planning budget for March was based on producing and selling 26,000 units. actually produced and sold 31,000 units and incurred the following costs: a. Purchased 155,000 pounds of raw materials at a cost of $7.20 per pound. All oft b. Direct-laborers worked 56,000 hours at a rate of $16.00 per hour. C. Total variable manufacturing overhead for the month was $524,720. d. Total advertising, sales salaries and commissions, and shipping expenses were $ respectively. Foundational 9-10 (Algo) 10. What is the variable overhead efficiency variance for March? (Indicate the effect of ea "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as Variable overhead efficiency variance