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 materials: 5 pounds at $10 per pound 50 Direct labor: 2 hours at $15 per hour Variable overhead: 2 hours at $5 per hour10 Total standard cost per unit S 90 The planning budget for March was based on producing and selling 32,000 units. However, during March the company actually produced and sold 37,600 units and incurred the following costs: a. Purchased 200,000 pounds of raw materials at a cost of $9.40 per pound. All of this material was used in production. b. Direct laborers worked 75,000 hours at a rate of $16 per hour c. Total variable manufacturing overhead for the month was $558,750. Foundational 10-5 5. If Preble had purchased 190,000 pounds of materials at $9.40 per pound and used 200,000 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 all amounts as positive values. Do not round intermediate calculations.) Materials price variance