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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: The company also established the following cost formulas for its selling expenses: The planning budget for March was based on producing and selling 20,000 units. However, during March the company actually produced and sold 25,000 units and incurred the following costs: a. Purchased 180,000 pounds of raw materials at a cost of $7.50 per pound. All of this material was used in production. b. Direct-laborers worked 61,000 hours at a rate of $16.00 per hour. c. Total variable manufacturing overhead for the month was $306,220. d. Total advertising, sales salaries and commissions, and shipping expenses were $268,000,$485,000, and $175,000, respectively. Foundational 98 (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 (i.e., zero variance.). Input the amount as a positive value.) 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: The company also establlshed the following cost formulas for its selling expenses: The planning budget for March was based on producing and selling 20,000 units. However, during March the company actually produced and sold 25,000 units and incurred the following costs: a. Purchased 180,000 pounds of raw materials at a cost of $7.50 per pound. All of this material was used in production. b. Direct-laborers worked 61,000 hours at a rate of $16.00 per hour. c. Total variable manufacturing overhead for the month was $306,220. d. Total advertising, sales salaries and commissions, and shipping expenses were $268,000,$485,000, and $175,000. respectively. Foundational 9-9(Algo) 9. What variable manufacturing overhead cost would be included in the company's flexible budget for March? 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: The company also established the following cost formulas for its selling expenses: The planning budget for March was based on producing and selling 20,000 units. However, during March the company actually produced and sold 25,000 units and incurred the following costs: a. Purchased 180,000 pounds of raw materials at a cost of $7.50 per pound. All of this material was used in production. b. Direct-laborers worked 61,000 hours at a rate of $16.00 per hour. c. Total variable manufacturing overhead for the month was $306,220. d. Total advertising, sales salaries and commissions, and shipping expenses were $268,000,$485,000, and $175,000, respectively. oundational 9-10 (Algo) What is the variable overhead efficiency variance for March? (Indicate the effect of each variance by selecting "F" for favorable, " for unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as a positive value.) 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: The company also established the following cost formulas for its selling expenses: The planning budget for March was based on producing and selling 20,000 units. However, during March the company actually produced and sold 25,000 units and incurred the following costs: a. Purchased 180,000 pounds of raw materials at a cost of $7.50 per pound. All of this material was used in production. b. Direct-laborers worked 61,000 hours at a rate of $16.00 per hour. c. Total variable manufacturing overhead for the month was $306,220. d. Total advertising, sales salaries and commissions, and shipping expenses were $268,000,$485,000, and $175,000, respectively. oundational 9-12(Algo) 2. What amounts of advertising, sales salaries and commissions, and shipping expenses would be included in the compony's flexible udget for March? 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: The company also established the following cost formulas for its selling expenses: The planning budget for March was based on producing and selling 20,000 units. However, during March the company actually produced and sold 25,000 units and incurred the following costs: a. Purchased 180,000 pounds of raw materials at a cost of $7.50 per pound. All of this material was used in production. b. Direct-laborers worked 61,000 hours at a rate of $16.00 per hour. c. Total variable manufacturing overhead for the month was $306,220. d. Total advertising, sales salaries and commissions, and shipping expenses were $268,000,$485,000, and $175,000, respectively. Eoundational 9-13 (Algo) 3. What is the spending variance related to advertising? (Indicate the effect of each variance by selecting "F" for favorable, "U" for infavorable, and "None" for no effect (i.e., zero varlance.). Input the amount as a positive value.) 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: The company also established the following cost formulas for its selling expenses: The planning budget for March was based on producing and selling 20,000 units. However, during March the company actually produced and sold 25,000 units and incurred the following costs: a. Purchased 180,000 pounds of raw materials at a cost of $7.50 per pound. All of this material was used in production. b. Direct-laborers worked 61,000 hours at a rate of $16.00 per hour. c. Total variable manufacturing overhead for the month was $306,220. d. Total advertising, sales salaries and commissions, and shipping expenses were $268,000,$485,000, and $175,000, respectively. coundational 9-14(Algo) 4. What is the spending variance related to sales salarles and commissions? (Indicate the effect of each variance by selecting "F" for avorable, "U" for unfavorable, and "None" for no effect (l.e., zero variance.). Input the amount as a positive value.) Preble Company manufactures one product. Its variable manufacturing overhead is applled to production based on direct labor-hours and its standard cost card per unit is as follows: The company also established the following cost formulas for its selling expenses: The planning budget for March was based on producing and selling 20,000 units. However, during March the company actually produced and sold 25,000 units and incurred the following costs: a. Purchased 180,000 pounds of raw materials at a cost of $7.50 per pound. All of this material was used in production. b. Direct-laborers worked 61,000 hours at a rate of $16.00 per hour. c. Total variable manufacturing overhead for the month was $306,220. d. Total advertising, sales salaries and commissions, and shipping expenses were $268,000,$485,000, and $175,000, respectively. Foundational 9-15 (Algo) 15. What is the spending variance related to shipping expenses? (indicate the effect of each varlanc by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (li.e., zero varlance.). Input the amount as a positive value.)