Preble Company manufactures one product. its varleble manufacturing coverheed is appled to production based oo direct. labor-hours and its standard cost card per unit is as follows: The company aiso established the following cost formulos for its selling expensec: The planning budget for March was bosed on proclucing and selling t9.000 units. Howevec thuting March the company actually produced and sold 24,000 units and incuited the following costs: a. Purchased 160.000 pounds of tow motetiols of o cost of $7.20 pet pound. All of this motetial was ubed in production. b. Direct-taborery worked 60.000 hours of a rate of $15.00 por hour. c. Total vorioble msnufoctuning owertheod for the morth was $336.600. d. Total actvertising, sales salanes and commissions, and stupping expenses were $260.000.5480000, and $165.000. respectively. Required: 1. What row materiols cost would be included in the compony's flexible budget for Morch? 2. What is the motensis quantify vanance for Maich? (indicate the effect of each variance by seiecting "F" for favorable, " U " for unfavorable, and 'None" for no effect (i.e., zero variance.), input the amount as a positive value.) 3. What is the materials price wariance for March? findicate the effect of eech variance by selecting "p" for favorable. "U" for unfavorable, and "None" for no effect (l.e., zere varience.). Input the amount as a positive value.) 4. A Preble had purchased 175,000 pounds of moteriats at $7.20 per pound and used 160.000 pounds in preduction, what would be the moterials quantity wariance for March? (indicate the effect of each variance by selecting "F" for favorable, "U*" for untaverable, and "None" for no effect (..e., zero variance.). Input the amount as a positive value.)