Required information [The foii'owing information applies to the questions displayed below}.T Preble Company manufactures one product. lts variable manufacturing overhead is applied to production based on direct labourhours, and its standard costs per unit are as follows: Direct materials: 5 kg at $8.60 per kg $ 40.00 Direct labour: 3 hours at $15 per hour 45.93 Variable overhead: 3 hours at $9 per hour 213-3 Total standard cost per unit $112.00 The company planned to produce and sell 21.000 units in March. However, during March the company actually produced and sold 26,000 units and incurred the following costs: a. Purchased 160,000 kg of raw materials at a cost of $6.50 per kg. All ofthis material was used in production. b. Direct labour: 70,000 hours at a rate of $16 per hour. (2. Total variable manufacturing overhead iorthe month was $655,200