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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

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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 26.000 units. However, during March the company actually produced and sold 31,000 units and incurred the following costs. a. Purchased 155,000 pounds of raw materlais at a cost of $720 per pound. All of this materlal was used in production. b. Direct-Aaborers worked 56.000 hours at a rate of $16.00 per hour c. Total variable manufacturina overhead for the month was $524720, 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 26.000 units. However, during March the company actually produced and sold 31,000 units and incurred the following costs. a. Purchased 155,000 pounds of raw materlais at a cost of $720 per pound. All of this materlal was used in production. b. Direct-Aaborers worked 56.000 hours at a rate of $16.00 per hour c. Total variable manufacturina overhead for the month was $524720

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