Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labour-hours and its standard cost card per unit is as follows: Direct material, 6 pounds at $9 per pound Direct labour 3 hours at 015 per hour Variable overheads 3 hours at 55 per hour Total standard variable cont per unit 45 15 5114 Fixed overhead was budgeted at $597,000. Fixed overhead is applied on the basis of direct labour hours. The company also established the following cost formulas for its selling expenses Tixed cost Variable cont per Month por Unit Bold Advertising $260,000 ales salaries and commissions $160,000 $23.00 Shipping expenses $4.00 The static.o., planning) budget for March was based on producing and selling 20,000 units. However, during March the company actually produced and sold 25,000 units and incurred the following costs: 3. Purchased 180,000 pounds of raw materials at a cost of $7.50 per pound. All of this material was used in production b. Direct-labourers worked 61,000 hours at a rate of $16 per hour c. Totol variable manufacturing overhead for the month was $306,000. And fixed manufacturing overhead was $592,000, d. Total advertising, sales salaries and commissions, and shipping expenses were $267.000, $480,000, and $105,000, respectively. The static (le, planning) budget for March was based on producing and selling 20,000 units. However, during March the company actually produced and sold 25,000 units and incurred the following costs: a. Purchased 180,000 pounds of raw materials at a cost of $7.50 per pound. All of this material was used in production b. Direct-labourers worked 61,000 hours at a rate of $16 per hour c. Total variable manufacturing overhead for the month was $306,000. And fixed manufacturing overhead was $592,000. d. Total advertising, sales salaries and commissions, and shipping expenses were $267,000, $480,000, and $105,000, respectively Required: What is the materiais quantity variance for March? (Input the amount as a ponltlve value. Leave no cells blank - be certain to enter "O" wherever required. Indicate the effect of each variance by selecting *F* for favourable, "U" for unfavourable, and "None" for no effect (.e., zero variance...) Watensis quantity variance