Preble Company manufactures one product. Its variable manutacturing overhead is applied to production based on direct labour hours and its standard cost card per unit is as follows: Direct materiali 6 pounds at 5 ur pour Direct labour hours at $10 per how Variable overhead 3 hours at per hour. Total standard variable cost per unit 18 42 15 $105 OK Fored overhead was budgeted at 5595.000. Fed head is applied on the basis of direct labour hours. The company established the following cost formulas for its selling expenses Wined test per Pinth Unit Sold Mivertising 1.00 Sales alertes Coins $180 $12.00 Shipping ponse $ 4.00 The static (e. planning) budget for March was based on producing and selling 19.00 units. However, during March the company actually produced and sold 24.000 units and incurred the folowing costs: a. Purchased 160.000 pounds of raw materials at a cost of $2,20 per pound. All of this material was used in production b. Direct labourers worked 60.000 hours at a rath at $15 per hour c. Total variable manutecturing cwerhead for the month was $236,600 Andred manufacturing overhead was $53000 d. Total advertising, sales salaries and comissions and shipping expenses were 5258200, 5420,000 and 51200X00 respectively Required What the materials quantity variance for March (Input the amount as a positive value. Lenve no cells blank be contain to enter - my 1 ata 111 Next dication.com25mgmiddleware25 mhieproducts Total standard variable cost per unit Help $105 Foed overhead was budgeted at $595.000 Fixed overhead is applied on the basis of direct labour hours. The company also established the following cost formulas for its selling expenses Vixed cost Variable cost per pet Month Unit sal Advertising $250,00 Sales salaries and caressions $150, $12.9 Shipping expenses $4.00 The staticfle planning) budget for March was based on producing and selling 19.000 units. However, during Match the company actually produced and sold 24,000 units and incurred the following costs a. Purchased 160,000 pounds of raw materials at a cost of $720 per pound All of this material was used in production b Direct labourers worked 60,000 hours at a rate of $15 per hour c. Total variable manufacturing overhead for the month was $336,600 And fixed manufacturing overhead was $590.000 d. Total advertising, sales salaries and commissions, and shipping expenses were $259.000 $430,000 and $120.000 respectively, Required: What is the materials quantity variance for March (input the amount o positive value. Leave no cells blank.be certain to enter "O" wherever required, Indicate the effect of each variance by selecting "F" for favourable. "U" for unfavourable, and "None" for no effectie. Tero variance...) Materials and variance Pru