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Preble Company manudactures one product, Its varisble manufacturing overhesd is abpled to production based on grect. labor-tours and its standard cost card per unit is

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Preble Company manudactures one product, Its varisble manufacturing overhesd is abpled to production based on grect. labor-tours and its standard cost card per unit is as follows: The compary also ostablished the following cost foemulss for its seling expenses- The planning budget for March was based on producng and seting 26,000 units. Hamevec during March the compary actually produced and sold 31,000 units and incurred the following costs: a. Purctrased 155,000 pounds of raw materials at a cost of $720 por potind. All af the matoral was used in productos b. Direct-taborers worked 56,000 hours ot a rate of $55,00 per houc. 6. Total varibble magufacturing overhead for the month was $524,720 d. Total advertising, sales salaries and commissions, and shipging eaptritet were $220,000,5460.000, and 525,000 . respoctivety. 3. Whot is the maseriats price wariance for March? Gindicate the effect of each variance by selecting "F" for farorable. "U* far unfavorable, and "Mone" for no effect fie.. zero variance.. Input the amount as a positlve valua.)

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