PLEASE ANSWER ALL QUESTIONS !! ALL QUESTIONS ARE FROM THE SAME PROBLEM !!!! WILL

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: 6 pounds at $9.00 per pound Direct labor: 3 hours at $15 per hour $ 54.00 45.00 15.00 Variable overhead: 3 hours at $5 per hour Total standard variable cost per unit $ 114.00 The company also established the following cost formulas for its selling expenses: Fixed Cost per Month Variable Cost per Unit Bold Advertising Sales salaries and commissions $ 260,000 $ 220,000 $18.00 $9.00 Shipping 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 9-6 (Algo) 6. What direct labor cost would be included in the company's flexible budget for March? Direct labor: 3 hours at $15 per hour Variable overhead: 3 hours at $5 per hour 45.00 15.00 Total standard variable cost per unit $ 114.00 The company also established the following cost formulas for its selling expenses: Variable Cost per Unit Sold Fixed Cost per Month $ 260,000 $ 220,000 Advertising Sales salaries and commissions Shipping expenses $ 18.00 $ 9.00 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 9-7 (Algo) 7. What is the direct labor efficiency 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.) Direct labor efficiency variance Che SON HE YOU TO WA wwwww Variable overhead: 3 hours at $5 per hour 15.00 Total standard variable cost per unit $ 114.00 The company also established the following cost formulas for its selling expenses: Fixed Cost per Month Variable Cost per Unit Sold Advertising $ 260,000 $ 220,000 Sales salaries and commissions Shipping expenses $18.00 $9.00 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 9-8 (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.) Direct labor rate variance 35 W Direct material: 6 pounds at $9.00 per pound $ 54.00 Direct labor: 3 hours at $15 per hour Variable overhead: 3 hours at $5 per hour 45.00 15.00 Total standard variable cost per unit $ 114.00 The company also established the following cost formulas for its selling expenses: Fixed Cost per Month Variable Cost per Unit Sold Advertising $ 260,000 $ 220,000 Sales salaries and commissions Shipping expenses $18.00 $9.00 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? Variable manufacturing overhead cost S Variable overhead: 3 hours at $5 per hour 15.00 Total standard variable cost per unit $ 114.00 The company also established the following cost formulas for its selling expenses: Variable Cost per Unit Sold Fixed Cost per Month $ 260,000 $ 220,000 Advertising Sales salaries and commissions Shipping expenses $ 18.00 $ 9.00 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 9-10 (Algo) 10. What is the variable overhead efficiency 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.) Variable overhead efficiency variance Direct material: 6 pounds at $9.00 per pound $ 54.00 Direct labor: 3 hours at $15 per hour Variable overhead: 3 hours at $5 per hour 45.00 15.00 Total standard variable cost per unit $ 114.00 The company also established the following cost formulas for its selling expenses: Variable Fixed Cost per Month Cost per Unit Sold Advertising Sales salaries and commissions $ 260,000 $ 220,000 $18.00 $9.00 Shipping 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 9-11 (Algo) 11. What is the variable overhead 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.) Variable overhead rate variance B Check 0 10 of 13 ook int ances The company also established the following cost formulas for its selling expenses: Variable Cost per Unit Sold Fixed Cost per Month $ 260,000 $ 220,000 Advertising Sales salaries and commissions Shipping expenses $ 18.00 $ 9.00 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 9-12 (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 11 Part 11 of 13 96 ints eBook Print ferences 15.00 Variable overhead: 3 hours at $5 per hour Total standard variable cost per unit. $ 114.00 The company also established the following cost formulas for its selling expenses: Fixed Cost Variable Cost per Unit Sold Advertising per Month $ 260,000 $ 220,000 Sales salaries and commissions $18.00 $ 9.00 Shipping 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 9-13 (Algo) 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 (i.e., zero variance.). Input the amount as a positive value Spending variance related to advertising (5) nada 13 12 12 of 13 ook int onces 15.00 Variable overhead: 3 hours at $5 per hour Total standard variable cost per unit $ 114.00 The company also established the following cost formulas for its selling expenses: Fixed Coat per Month Variable Cost per Unit Sold Advertising $ 260,000 $ 220,000 Sales salaries and commissions $ 18.00 $9.00 Shipping 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 9-14 (Algo) 14. What is the spending variance related to sales salaries and commissions? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero variance.). Input the amount as a positive value.) Spending variance related to sales salaries and commissions 12 13 of 13 Next > 8 13 Check my