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 $9.90 per pound Direct Labor 3 hours at 512 per hour VarLable overhead 3 hours at 58 per hour Total standard variable cost per unit $36.00 36.00 24.00 $ 96.00 The company also established the following cost formulas for its selling expenses Variable Fixed Cost per cost per Month Unit Sold Advertising $ 230,000 Sales salaries and commissions $ 160,000 $15.00 Shipping expenses $6.00 The planning budget for March was based on producing and selling 28.000 units. However, during March the company actually produced and sold 33,000 units and incurred the following costs d. Purchased 165.000 pounds of raw materials at a cost of $7.20 per pound. All of this material was used in production b. Direct laborers worked 58,000 hours at a rate of $13.00 per hour c Total variable manufacturing overhead for the month was $729,060, d. Total advertising, sales salaries and commissions, and shipping expenses were $240,000, 5470,000, and 5145.000, respectively 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 (ie, zero variance.). Input the amount oso positive value.) Materials quantitance 3. What is the materials price variance for March? (Indicate the effect of each variance by selecting "P" for fovorable, "U" for unfavorable, and "None" for no effect (l.e., zero variance.). Input the amount os a positive value) Mallas price vonance 4. If Preble had purchased 173,000 pounds of materials at $7.20 per pound and used 165.000 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.) Material quantty vaan 5. If Preble had purchased 173,000 pounds of materials at $7.20 per pound and used 165,000 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... zero variance.). Input the amount of a positive value.) Materials provanance 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 (ie, zero vorionce.). Input the amount as a positive value.) Okea labarency variance 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 (le, zero variance.), Input the amount as a positive value.) Delaborate variance 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 (ie, zero variance.). Input the amount as a positive value.) Variable overhead licency variance 1 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 (ie, zero variance.). Input the amount as a positive value.) Variable overhead rate yalance 12. What amounts of advertising, sales salaries and commissions, and shipping expenses would be included in the company's flexible budget for March? Advertising Sales salaries and commissions Shipping expenses 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... zero variance.). Input the amount as a positive value.) Spending variance related to advertising 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 (ie, zero variance.). Input the amount as a positive value.) Spending variance related to las salaries and commissions 15. What is the spending variance related to shipping expenses? (Indicate the effect of each variance by selecting "" for favorable, "U" for unfavorable, and "None" for no effectie. zero variance.). Input the amount as a positive value.) Spending Valance rested to shipping expenses