Required information {The foiio wing information applies to the questions dispiayeo' below} 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: 6 pounds at $8.00 per pound $ 48.00 Direct labor: 3 hours at $14 per hour 42.00 Variable overhead: 3 hours at $5 per hour 15.00 Total standard variable cost per unit 5 195-99 The company also established the following cost formulas for its selling expenses: variable Fixed Cost per Cost per Month Unit Sold Advertising $ 250,000 Sales salaries and commissions $ 266,880 $ 1?.00 Shipping expenses $ 3.00 The planning budget for March was based on producing and selling 19,000 units. However, during March 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 $120 per pound. All ofthis material was used in production. b. Direct-laborers worked 60,000 hours at a rate of $15.00 per hour. c. Total variable manufacturing overhead for the month was $336,600. d. Total advertising, sales salaries and commissions, and shipping expenses were $260,000, $480,000, and $165,000, respectively. 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} Required information [The foil'owing information appiies to the questions dispiayed bellow] 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: 6 pounds at $3.66 per pound $ 43.66 Direct labor: 3 hours at $14 per hour 42.66 Variable overhead: 3 hours at $5 per hour 15-99 Total standard variable cost per unit 5 195-90 The company also established the following cost formulas for its selling expenses: Variable Fixed Cost per Cost per Month Unit Sold Advertising $ 256,006 Sales salaries and commissions $ 206,006 $ 1?.66 Shipping expenses $ 3.66 The planning budget for March was based on producing and selling 19,000 units. However, during March 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 $120 per pound. All ofthis material was used in production. b. Directlaborers worked 60,000 hours at a rate of $15.00 per hour. c. Total variable manufacturing overhead for the month was $336,600. d. Total advertising, sales salaries and commissions, and shipping expenses were $260,000, $480,000, and $165,000, respectively. 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.} _:l:| Required information [The following information applies to the questions displayed below.] 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: 6 pounds at $8.00 per pound $ 48.00 Direct labor: 3 hours at $14 per hour 42.00 Variable overhead: 3 hours at $5 per hour 15.00 Total standard variable cost per unit $ 105.00 The company also established the following cost formulas for its selling expenses: Variable Fixed Cost per Cost per Month Unit 5old Advertising $ 250, 000 Sales salaries and commissions $ 200,006 $ 17.00 Shipping expenses $ 8.00 The planning budget for March was based on producing and selling 19,000 units. However, during March 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 $7.20 per pound. All of this material was used in production. b. Direct-laborers worked 60,000 hours at a rate of $15.00 per hour. c. Total variable manufacturing overhead for the month was $336,600. d. Total advertising, sales salaries and commissions, and shipping expenses were $260,000, $480,000, and $165,000, respectively. 12. What amounts of advertising, sales salaries and commissions, and shipping expenses would be included in the company's flexible budget for March? Advertising Sales salaries and commissions Shipping expenses