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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

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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: The planning budget for March was based on producing and selling 29.000 unis. However, during March the company actually produced and sold 34,000 units and incurred the following costs: a. Purchased 160,000 pounds of raw materials at a cost of $8,50 per pound. All of this material was used in production. b. Direct laborers worked 59,000 hours at a rate of $14 per hour. c. Total variable manufacturing overhead for the month was $564,040. 2. What raw materiais cost would be included in the company's fexible budget for March? Answer is complete but not entirely correct

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