Required:

1. What raw materials cost would be included in the company's flexible budget for March?

2. What is the materials quantity variance for March?(Indicate the effect of each variance by selecting "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 variance for March?(Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as a positive value.)

4. If Preble had purchased 171,000 pounds of materials at $7.20 per pound and used 155,000 pounds in production, what would be the materials quantity variance for March?(Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as a positive value.)

5. If Preble had purchased 171,000 pounds of materials at $7.20 per pound and used 155,000 pounds in production, what would be the materials price variance for March?(Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as a positive value.)

6. What direct labor cost would be included in the company's flexible budget for March?

7. What is the direct labor efficiency variance for March?(Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as a positive value.)

8. What is the direct labor rate variance for March?(Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as a positive value.)

9. What variable manufacturing overhead cost would be included in the company's flexible budget for March?

10. What is the variable overhead efficiency variance for March?(Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as a positive value.)

11. What is the variable overhead rate variance for March?(Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as a positive value.)

12. What amounts of advertising, sales salaries and commissions, and shipping expenses would be included in the company's flexible budget for March?

13. What is the spending variance related to advertising?(Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as a positive value.)

14. What is the spending variance related to sales salaries and commissions?(Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as a positive value.)

15. What is the spending variance related to shipping expenses?(Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as a positive value.)

Ii're following infomration applies to the questions oi'spmyeo' below} Preble Company.r manufactures one product. Its variable manufacturing overhead is applied to production based on direct la borh ours and its standard cost card per unit is as follows: Direct material: 4 pounds at $9.00 per pound $35.00 Direct labor: 3 hours at $15 per hour 45.00 Ivariable overhead: 3 hours at $5 per hour 18.00 Total standard variable cost per unit $99 J93 ' The com pa ny also established the following cost formulas for its selling expenses: Fixed Cost per 'lnl'ar'idnle Cool: per Plinth [hit Sold Advertising $ 210,903 Sales salaries and co'nrnissions $ 110,003 $ 13.00 Shipping expenses 4.00 l 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 materials at a cost of $120 per pound. All ofthis material was used in production. b. Direct-laborers worked 56.000 hours at a rate of $16.00 per hour. c. Total varia ble manufacturing overhead for the month was $524320. d. Total advertising. sales salaries and commissions. and shipping expenses were $220000. $460000. and $125000. respectively