Check my work 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 39.00 per pound Direct labori 3 hours at $15 per hour Variable overhead: 3 hours at 56 per hour Total standard variable cost per unit $36.00 45.00 18.00 $99.00 The company also established the following cost formulas for its seling expenses Variable Fixed Cost per cost per Month Unit Sold Advertising $ 210,000 Sales salaries and commissions $ 120,000 $ 13.00 Shipping expenses 54.00 The planning budget for March was based on producing and selling 26,000 units. However, during March the company actually produced and sold 31000 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 $15.00 per hour Total variable manufacturing overhead for the month was $524720 d Total advertising, sales salaries and commissions, and shipping expenses were $220,000, 5460,000 and $125.000 respectively Foundational 9-7 (Algo) 7 What is the direct labor efficiency variance for March? (Indicate the effect of each volwance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (le, zero variance.). Input the amount of a positive value.) ed Dired labor efficiency variance POR ence (Algo) 8. What is the direct labor rate variance for March? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None' for no effect (ice., zero variance.). Input the amount as a positive value.) Duettaborrate variance Ences Foundational 9-9 (Algo) tes 9. What variable manufacturing overhead cost would be included in the company's flexible budget for March? Variable manufacturing overhead cost Foundational 9-10 (Algo) 10. What is the variable overhead efficiency variance for March? (Indicate the effect of each variance by selecting "P" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance.). Input the amount os o positive value.) Variable overhead officiency variance Foundational 9-11 (Algo) 11. What is the variable overhead rate variance for March? (Indicate the effect of each variance by selecting "P" for favorable. "U" for unfavorable, and "None" for no effect (ie, zero variance.). Input the amount os a positive value.) Variable overhead rate variance rices Foundational 9-12 (Algo) 12. What amounts of advertising, sales salaries and commissions, and shipping expenses would be included in the company's flexible budget for March? Advertising Sales salaries and commissions Shipping expenses D Foundational 9-13 (Algo) OOK 13. What is the spending variance related to advertising? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None for no effect (ie, zero variance.). Input the amount os a positive value) rences Sporting vulanan roated to adverton Foundational 9-14 (Algo) 14. What is the spending variance related to sales salaries and commissions? (Indicate the effect of och variance by selecting "F" for favorable. "U" for unfavorable, and "None" for no effect (ie., zero variance.). Input the amount as a positive value.) Spending variance related to tales salaries and commissions Foundational 9-15 (Algo) 15. What is the spending variance related to shipping expenses? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.o., zero variance.). Input the amount as a positive value.) Spunding variancelated to shipping ponses
