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: 4 pounds at $10.00 per pound	$	40.00
Direct labor: 2 hours at $16 per hour		32.00
Variable overhead: 2 hours at $6 per hour		12.00
Total standard variable cost per unit	$	84.00

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

	Fixed Cost per Month		Variable Cost per Unit Sold
Advertising	$	270,000
Sales salaries and commissions	$	240,000			$	19.00
Shipping expenses					$	10.00

The planning budget for March was based on producing and selling 30,000 units. However, during March the company actually produced and sold 34,500 units and incurred the following costs:

1. Purchased 150,000 pounds of raw materials at a cost of $9.20 per pound. All of this material was used in production.

Direct-laborers worked 62,000 hours at a rate of $17.00 per hour.

Total variable manufacturing overhead for the month was $390,600.

Total advertising, sales salaries and commissions, and shipping expenses were $280,000, $490,000, and $185,000, respectively.

1. What raw materials cost would be included in the company's flexible budget for March?

2. What is the materials quantity 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 variance.). Input the amount as a positive value.)

3. What is the materials price 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 variance.). Input the amount as a positive value.)

4. If Preble had purchased 177,000 pounds of materials at $9.20 per pound and used 150,000 pounds in production, what would be the materials quantity 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 variance.). Input the amount as a positive value.)

5. If Preble had purchased 177,000 pounds of materials at $9.20 per pound and used 150,000 pounds in production, what would be the materials price 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 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 efficiency 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 variance.). Input the amount as a positive value.)

8. What is the direct labor rate 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 variance.). Input the amount as a positive value.)

9. What variable manufacturing overhead cost would be included in the company's flexible budget for March?

10. What is the variable overhead efficiency 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 variance.). Input the amount as a positive value.)

11. What is the variable overhead rate 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 variance.). Input the amount as a positive value.)

12. What amounts of advertising, sales salaries and commissions, and shipping expenses would be included in the company's flexible budget for March?

13. What is the spending variance related to advertising?(Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as a positive value.)

14. What is the spending variance related to sales salaries and commissions?(Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as a positive value.)

15. What is the spending variance related to shipping expenses?(Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as a positive value.)