requirea intormavon (The following information applies fo the questions displayed below.) Preble Convipiy manotactures one product lis variable manufacturing overhead is applied to production based on darect labour-hours, inhd its staridard costs per unit are as follows: The conpary planned to produce and sell 21000 units in March. Howevec duing March the company actually produced and sold 26.600 units and incumed the following costie a. Purchased 154,000 ko of raw materiak at a cost of $9.50 per kg. All of this material was used in production b. Direct labouir: 63.000 hiours at in rate of $13 per hout. e. Fotal wariable mandectuing overhead for the month was $510,930 What is the materials price variance for March? (Indicnte the effect of eoch variance by selecting "pu" foe favorable, "U" for Unfovorable, ond "None" for no effect (1,, zero variance. ) )