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Required information The Foundational 15 (Algo) [LO9-1, LO9-2, LO9-4, 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: The company also established the following cost formulas for its selling expenses: The planning budget for March was based on producing and selling 30,000 units. However, during March the company actually produced and sold 34,000 units and incurred the following costs: a. Purchased 175,000 pounds of raw materlals at a cost of $6.80 per pound. All of this material was used in production. b. Direct laborers worked 71,000 hours at a rate of $17,00 per hour. c. Total variable manufacturing overhead for the month was $340.090. d. Total advertising. sales salarles and commissions, and shipping expenses were $370,000,$535,000, and $275,000. respectively. 2. What is the materials quantity variance for March? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, ond "None" for no effect (i.e., zero variance.). Input the amount as a positive volue.) 3. What is the materials price variance for March? (Indicate the effect of each vorionce by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as a positive value.) 6. What direct labor cost would be included in the company's flexible budget for March? 7. What is the direct labor efficlency 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 varionce.). Input the amount as o positive value.) 8. What is the direct labor rate variance for March? (Indicote the effect of each voriance by selecting "F" for favoroble, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as a positive volue.) 9. What variable manufacturing overhead cost would be included in the company's flexible budget for March