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: 4 pounds at $9.00 per pound$36.00Direct labor: 3 hours at $12 per hour36.00Variable overhead: 3 hours at $8 per hour24.00Total standard variable cost per unit$96.00

The company also established the following cost formulas for its selling expenses:

Fixed Cost per MonthVariable Cost per Unit SoldAdvertising$230,000Sales salaries and commissions$160,000$15.00Shipping expenses$6.00

The planning budget for March was based on producing and selling 28,000 units. However, during March the company actually produced and sold 33,000 units and incurred the following costs:

1. Purchased 165,000 pounds of raw materials at a cost of $7.20 per pound. All of this material was used in production.
2. Direct-laborers worked 58,000 hours at a rate of $13.00 per hour.
3. Total variable manufacturing overhead for the month was $729,060.
4. Total advertising, sales salaries and commissions, and shipping expenses were $240,000, $470,000, and $145,000, respectively.

Required:

A). What raw materials cost would be included in the company's flexible budget for March?

raw materials cost______

B). What is the materials quantity 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.)

.materials quantity variance________ then drop down menu with options (F,none, U)

C). What is the materials price 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.)

materials price variance______then drop down menu with options (F,none, U)

D). If Preble had purchased 173,000 pounds of materials at $7.20 per pound and used 165,000 pounds in production, what would be the materials price 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.)

materials price variance______then drop down menu with options (F,none, U)

E). What direct labor cost would be included in the company's flexible budget for March?

direct labor cost_________

F). What is the direct labor 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.)

direct labor efficiency variance_____then drop down menu with options (F,none, U)

G). What is the direct labor 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.)

direct labor rate variance________then drop down menu with options (F,none, U)