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Required information The following information applies to the questions displayed below.) Tata 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: $ 50 56 Direct materials: 5 pounds at $10 per pound Direct labor: 4 hours at $14 per hour Variable overhead: 4 hours at $4 per hour Total standard cost per unit 16 $122 The planning budget for March was based on producing and selling 29,000 units. However, during March the company actually produced and sold 34,200 units and incurred the following costs: a. Purchased 180,000 pounds of raw materials at a cost of $9.50 per pound. All of this material was used in production b. Direct laborers worked 74,000 hours at a rate of $15 per hour. c. Total variable manufacturing overhead for the month was $440,300. What is the materials price variance for March? (Indicate the effect of each variance by selecting "F" for favorabl unfavorable and "None" for no effert le yarn variance ) Innut all amounts as nositive values Required information [The following information applies to the questions displayed below.) Tata 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 materials: 5 pounds at $10 per pound Direct labor: 4 hours at $14 per hour Variable overhead: 4 hours at $4 per hour Total standard cost per unit $ 50 56 16 $122 The planning budget for March was based on producing and selling 29,000 units. However, during March the company actually produced and sold 34,200 units and incurred the following costs: a. Purchased 180,000 pounds of raw materials at a cost of $9.50 per pound. All of this material was used in production b. Direct laborers worked 74,000 hours at a rate of $15 per hour. c. Total variable manufacturing overhead for the month was $440,300. What is the materials quantity variance for March? (Indicate the effect of each variance by selecting "F" for favorable for unfavorable and "None" for no effert lie zero variancel Input all amounts as positive values Required information [The following information applies to the questions displayed below. Tata 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 materials: 5 pounds at $10 per pound Direct labor: 4 hours at $14 per hour Variable overhead: 4 hours at $4 per hour Total standard cost per unit $ 50 56 16 $122 w The planning budget for March was based on producing and selling 29,000 units. However, during March the company actually produced and sold 34,200 units and incurred the following costs: a. Purchased 180,000 pounds of raw materials at a cost of $9.50 per pound. All of this material was used in production b. Direct laborers worked 74,000 hours at a rate of $15 per hour. c. Total variable manufacturing overhead for the month was $440,300. What is the labor rate variance for March? (Indicate the effe variance by selecting "F" for favorable, "U"fo linfavnrable and "None" for no effert lie zero variance) Innuit all amounts as nositive values Required information The following information applies to the questions displayed below.) Tata 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 materials: 5 pounds at $10 per pound Direct labor: 4 hours at $14 per hour Variable overhead: 4 hours at $4 per hour Total standard cost per unit $ 50 56 16 $122 The planning budget for March was based on producing and selling 29,000 units. However, during March the company actually produced and sold 34,200 units and incurred the following costs: a. Purchased 180,000 pounds of raw materials at a cost of $9.50 per pound. All of this material was used in production. b. Direct laborers worked 74,000 hours at a rate of $15 per hour. c. Total variable manufacturing overhead for the month was $440,300. What is the labor efficiency variance for March? (Indicate the effect of each variance by selecting "F" for favo unfavorable and "None" for no effert liefern variance Innut all amounts as nositive values Required information [The following information applies to the questions displayed below.) Tata 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 materials: 5 pounds at $10 per pound Direct labor: 4 hours at $14 per hour Variable overhead: 4 hours at $4 per hour Total standard cost per unit $ 50 56 16 $122 The planning budget for March was based on producing and selling 29,000 units. However, during March the company actually produced and sold 34,200 units and incurred the following costs: a. Purchased 180,000 pounds of raw materials at a cost of $9.50 per pound. All of this material was used in production. b. Direct laborers worked 74,000 hours at a rate of $15 per hour. c. Total variable manufacturing overhead for the month was $440,300. What is the variable overhead rate variance for March? (Round the actual overhead rate to two decimal places. Indicate the effect of each varianre hy selectinn "F" for favorable "U" for infaunrable and "None" for no effect liefern DAN M Help Save & Exit Submit Required information (The following information applies to the questions displayed below.) Tata 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: G 31 Direct materials: 5 pounds at $10 per pound Direct labor: 4 hours at $14 per hour Variable overhead: 4 hours at $4 per hour Total standard cost per unit $ 50 56 16 $122 The planning budget for March was based on producing and selling 29,000 units. However, during March the company actually produced and sold 34,200 units and incurred the following costs: a. Purchased 180.000 pounds of raw materials at a cost of $9.50 per pound. All of this material was used in production b. Direct laborers worked 74,000 hours at a rate of $15 per hour. c. Total variable manufacturing overhead for the month was $440,300. What is the variable overhead efficiency variance for March? (Round the actual overhead rate to two decimal place Indicate the effect of each varianre hy selecting "E" for favorable "U" for unfaunrable and "None" for no offert Navt