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Required information [The following information applies to the questions displayed below/ Preble Company manufactures one product. Its variable manufocturing overhead is appliod 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 manufocturing overhead is appliod to production based on direct labour-hours, and its standard costs per unit are as follows: The company planned to produce and sell 26.000 units in March. Howeven duilng March the company actually produced and sold 31,000 units and incurred the following costs: a. Purchased 155,000kg of raw materials at a cost of $720 per kg. All of this matedar was used in production. b. Direct labour: 56.000 hours at a rate of $16 per hour. c. Total variable manufacturing overhead for the month was $524.720. 2. What is the materials quantity variance for March? (Indicote the effect of each varionce by selecting "F" for favoroble. "U" for unfovorable, and "None" for no effect (l.e., zero variance.).)

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