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please help thank you A company manufactures a single product in which variable manufacturing overhead is assigned on the basis of standard direct labor hours.

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A company manufactures a single product in which variable manufacturing overhead is assigned on the basis of standard direct labor hours. The company uses a standard cost system and has established the following standards for one unit of producte Standard Quantity Standard Price or Standard Rate Cost Direct materials 2.5pounds $16.25 $ 6.50 per $ 20.00 per pound Direct labor 0.6hours $12.00 hour Variable manufacturing Overhead 0.6hours $ 4.75 per hour $2.85 During March, the following activity was recorded by the company The company produced 5800 units during the month. A total of 18,500 pounds of material were purchased at a cost of $51,800 There was no beginning inventory of materials on hand to start the month: at the end of the month, 3700 pounds of material remained in the warehouse. During March. 3680 direct labor hours were worked at a rate of $20.50 per hour Variable manufacturing overhead costs during March totaled $10.688. The direct materials purchases variance is computed when the materials are purchased. The materials quantity variance for March is: $29,300 V $1950 F $1950 U $29,300 F

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