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:

Direct material: 6 pounds at $8.00 per pound$ 48.00

Direct labor: 4 hours at $17 per hour68.00

Variable overhead: 4 hours at $4 per hour16.00

Total standard variable cost per unit$ 132.00

The company also established the following cost formulas for its selling expenses:

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 19,000 units. However, during March the company actually produced and sold 24,000 units and incurred the following costs: a. Purchased 160,000 pounds of raw materials at a cost of $7.20 per pound. All of this material was used in production. b. Direct-laborers worked 72,000 hours at a rate of $18.00 per hour. c. Total variable manufacturing overhead for the month was $336,960. d. Total advertising, sales salaries and commissions, and shipping expenses were $374,000,$540,000, and $285,000, respectively. 3. What is the materials price variance for March? (Indicate the effect of each variance by selecting " F " for fa unfavorable, and "None" for no effect (L.e., zero variance.). Input the amount as a positive value.) The planning budget for March was based on producing and selling 19,000 units. However, duri actually produced and sold 24,000 units and incurred the following costs: a. Purchased 160,000 pounds of raw materials at a cost of $7.20 per pound. All of this material b. Direct-laborers worked 72,000 hours at a rate of $18.00 per hour. c. Total variable manufacturing overhead for the month was $336,960. d. Total advertising, sales salaries and commissions, and shipping expenses were $374,000,$5 respectively. Foundational 9-6 (Algo) 6. What direct labor cost would be included in the company's flexible budget for March? The planning budget for March was based on producing and selling 19,000 units. However, during actually produced and sold 24,000 units and incurred the following costs: a. Purchased 160,000 pounds of raw materials at a cost of $7.20 per pound. All of this material was b. Direct-laborers worked 72,000 hours at a rate of $18.00 per hour. c. Total variable manufacturing overhead for the month was $336,960. d. Total advertising, sales salaries and commissions, and shipping expenses were $374,000,$540,0 respectively. Foundational 9-7 (Algo) 7. What is the direct labor efficiency variance for March? (Indicate the effect of each variance by selecting unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as a positive value.) The company also established the following cost formulas for its selling expenses: The planning budget for March was based on producing and selling 19,000 units. However, during Ma actually produced and sold 24,000 units and incurred the following costs: a. Purchased 160,000 pounds of raw materials at a cost of $7.20 per pound. All of this material was us b. Direct-laborers worked 72,000 hours at a rate of $18.00 per hour. c. Total variable manufacturing overhead for the month was $336,960. d. Total advertising, sales salaries and commissions, and shipping expenses were $374,000,$540,00 respectively. Foundational 9-8 (Algo) 8. What is the direct labor rate variance for March? (Indicate the effect of each variance by selecting "F" fo unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as a positive value.) The planning budget for Morch was based on producing and selling 19.000 units. However, during March the comy actually produced and sold 24,000 units and incurred the following costs: a. Purchased 960,000 pounds of raw materials at a cost of $720 per pound. As of this material was used in produr b. Direct laboress worked 72,000 hours at e rate of $1800 per houe. c. Total variable manufacturing overhead for the morth was $336,960. d. Total novertising, sales salbtes and commissions, and shipping experses were $374,000,$540,000, and $285 respectively. Foundational 9-9 (Algo) 9. What variable manufacturing ovthead cost would be included in the compary/s Hoxible budget for March? The plenning budget for March was based on producing and seling t9,000 units. Howevec, during March the con actually peoduced and soid 24,000 unts and incurred the following costs: 3. Purchased 160,000 pounds of raw materials at a cost of 5720 per pound. All of this material was used in prod b. Direct laborefs worked 72.000 hours at a rate of $18.00 per hour. c. Total variable menulacturing overhead for the month was 5336,960 . d. Total edvertising, sales salaries and commistions, and shipping expenses were 5374,000,5540,000, and 528 . respectivily. Foundational 9-10 (Algo) 70. What is the variabie cverhesd efficiency varlance for March? findicate the effect of each variance by selecting "Fr fo "U* for unfovorable, and "None" for no effect fie, aero variance. Input the amount as a positive value.) The planning budget for March was based on producing and selling 19,000 units. However, during N actually produced and sold 24,000 units and incurred the following costs: a. Purchased 160,000 pounds of raw materials at a cost of $720 per pound. All of this material was b. Ditect-laborers worked 72,000 hours at a rate of $18.00 per hout c. Total variable manufacturing overhead for the month was $336,960. d. Total odvertising, soles salaries and commissions, and shipping experses were $374,000,$540,0 respectively. Foundational 9-11 (Algo) 11. What is the variable overheod rate vorince for Morch? (Indicate the effect of each variance by selectin unfavorable, and "None' for no effect (Le, zero variance.). Input the amount as a positive value.) The planning buoget for March was based on producing and selling 19,000 units. Howevec, during March the compar actuaby produced and spld 24,000 units and incurred the folowing costs: a. Purchased 160,000 pounds of raw materials at a cost of $7.20 per pourd. All of this maserial Was used in productio b. Dvect-taborers worked 72,000 hqurs at a rate of $18.00 pet hout. C. Total variable manufbcturng ovechead for the tionth was $336,960. iespectively. Foundational 9-12(Algo) 12. What onounts of advertinge sales sharlet and commissions, and shipping eapenses wocld be included in the company budpet for Morch? The planning budpot for Morch was based on producing and selling 19,000 uniss. Howevec during March the c ectually produced and sold 24,000 units and incurred the following costs: a. Purchased 160,000 pounds of raw moterials at a cost of 57.20 per pound. At of this material was used in pro b. Diect-isborers worked 72.000 hours at a rote of $18.00 per hour. C. Total vatiabie manufacturing overhead for the month was $335.960 d. Total obvertising. sves solones and commissions, and shipping experses were $374,000,5540,000, and $2 respectively. Foundational 9-13 (Algo) 13. Whotis the spending varance related to adverthing? findicate the effect of each variance by selecting "F" for fav unfavorable, and "None' for no effect (Me, zero variance), Input the amount as a positive value.) The planning budpet for Match was based on produchg and sellisg 19,000 units. However, during March the actubly produced and sold 24,000 units and incurred phe following costs a. Purchased t60000 pounds of row matenals at a cost of $720 per pound. As of this material was used in b. Oirect-taborers worked 72.000 houn af a rate of 58900 per houe c. Fotal variotile manufacturng ovechesd far the morto was $336.950 d. Total avverising, soles salanes and commissions, and shipping expenses were 5374,000,$540.000, and $ respecovely Foundational 914 (Algo) 14, What is the speoding variance relbted to sales solahies and commissions? indicate the effect of each variance b favorable, "U" for unfovorable, and "None' for no effect (ie, aero varianse.) Input the amount as a positive value The planning budget for March was based on producing and selling 19.000 units. However, during March the cocn actually produced and sold 24,000 units and incurred the following costs: a. Purchased 160,000 pounds of raw materials at a cost of $7.20 per pound. All of this material was used in produ b. Direct-laboters worked 72,000 hours at a rate of $18,00 per hour. c. Total variable manufacturing overhead for the month was $336,960. d. Total advertising, sales salaries and commissions, and shipping expenses were $374,000,$540,000, and $285 respectively: Foundational 9-15 (Algo) 15. What is the spending variance related to shipping expenses? (Indicate the effect of each variance by selecting "F" "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as a positive value.)