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. of 15 . Required Information The Foundational 15 (L09-1, LO9-2, L09-4, LO9-5, LO9-6] (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: 3:16.56 Dlrect materiali 6 pounds at $8.00 per pound $ 48.00 Direct labort 4 hours at 515 per hour 52.00 Variable overheads 4 hours at 55 per hour 20.00 Total standard variable cont per unit $120.00 The company also established the following cost formulas for its selling expenses: Fixed cost per Variable Cost per Unit Sold Month $ Advertising Sales salaries and commissions Shipping expenses 380,000 460,000 $ . 30.00 21.00 The planning budget for March was based on producing and selling 20,000 units. However, during March the company actually produced and sold 25,500 units and incurred the following costs: ... Purchased 170,000 pounds of raw materials at a cost of $7.20 per pound. All of this material was used in production b. Direct laborers worked 73,000 hours at a rate of $14.00 per hour. c. Total variable manufacturing overhead for the month was $427,050. d. Total advertising, sales salaries and commissions, and shipping expenses were $386,000, 5545,000, and $295,000. respectively Foundational 9-10 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 (... zero variance.). Input the amount as a positive value.) Answer is complete but not entirely correct. Viratie verhoud tooney varance 588,350