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 26.000 units. However, during March the compsry actually produced and sold 31,000 units and incurred the following costs: a. Purchased 155,000 peunds of raw materials at a cost of $7.20 per pound. Al of this magerial was used in producton b. Direct-laborers worked 56,000 hours at apate of $16.00 per hour. c. Total varlable manufacturing overhead for the montu was $524720 d. Total advertising. Sales salaries and commissions, and shipping expenses were $220,000,$460,000, and $125,000. respectively. 7. What is the direct labor efficiency variance for March? (Indicate the effect of each variance by selecting "F* for favorable, "U* for 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 26.000 units. However, during March the compsry actually produced and sold 31,000 units and incurred the following costs: a. Purchased 155,000 peunds of raw materials at a cost of $7.20 per pound. Al of this magerial was used in producton b. Direct-laborers worked 56,000 hours at apate of $16.00 per hour. c. Total varlable manufacturing overhead for the montu was $524720 d. Total advertising. Sales salaries and commissions, and shipping expenses were $220,000,$460,000, and $125,000. respectively. 7. What is the direct labor efficiency variance for March? (Indicate the effect of each variance by selecting "F* for favorable, "U* for