O Required Information 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 pounds at 510.0 per pound Direct lobort 2 hours 516 per hour Variable overhead 2 hours at 36 per hour Total standard variable cost per unit 500.00 32.00 12.ee 584.00 The company also established the following cost formulas for its selling expenses Fixed Cost Variable cost per Month per Unit Sold Advertising $ 270,000 Sales salaries and commissions $ 240,00 $ 19.00 Shipping expenses $10.00 The planning budget for March was based on producing and selling 30,000 units. However, during March the company actually produced and sold 34,500 units and incurred the following costs. a. Purchased 150,000 pounds of raw materials at a cost of $9.20 per pound. All of this material was used in production b. Direct laborers worked 62.000 hours at a rate of $17.00 per hour c. Total variable manufacturing overhead for the month was $390,600 d. Total advertising, sales salaries and commissions, and shipping expenses were $280,000, $490,000 and $185.000. respectively 2. What is the materials quantity variance for March? (Indicate the effect of each variance by selecting "F* for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance.). Input the amount as a poultive value.) Mas quant arance