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: 5 pounds at $8.00 per pound Direct labor: 2 hours at $14 per hour Variable overhead: 2 hours at $5 per hour Total standard variable cost per unit $40.00 28.00 10.00 $78.00 The company also established the following cost formulas for its selling expenses Variable Cost per Fixed Cost per Month $ 200,000 $ 100, eee Unit Sold Advertising Sales salaries and commissions Shipping expenses $12.00 $ 3.00 The planning budget for March was based on producing and selling 25,000 units. However, during March the company actually produced and sold 30,000 units and incurred the following costs: a. Purchased 150,000 pounds of raw materials at a cost of $7.50 per pound. All of this material was used in production. b. Direct-laborers worked 55,000 hours at a rate of $15.00 per hour. Total variable manufacturing overhead for the month was $280,500, d. Total advertising, sales salaries and commissions, and shipping expenses were $210,000, $455,000, and $115,000, mosnertively 6. What direct labor cost would be included in the company's flexible budget for March? Direct labor cost 7. What is the direct labor efficiency variance for March? (Indicate the effect of each variance by selecting "P" for favorable. "U" for unfavorable, and "None" for no effect (le, zero variance.). Input the amount as a positive value.) Direct labor afficiency variance B. What is the direct labor rate variance for March? (Indicate the effect of each variance by selecting "P" for favorable. "U" for unfavorable, and "None" for no effect fi.e., zero variance), Input the amount as a positive value.) Direct labor rate variance 9. What variable manufacturing overhead cost would be included in the company's flexible budget for March? Variable manufacturing overhead cost 10. What is the variable overhead efficiency variance for March? (Indicate the effect of each variance by selecting "P" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance.). Input the amount as a positive value.) Variable overhead officiency variance