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 30,000 units. However, during March the company actually produced and sold 34,500 units and incurred the following costs: a. Purchased 150,000 pounds of raw materials at a cost of $9.20 per pound. All of this material was used in production b. Direct laborers worked 62.000 hours at a rate of $17 per hour. c. Total variable manufocturing overhead for the month was $390,600. 2. What raw materials cost would be included in the company's flexible budget for March