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 materials 5 pounds at 58 pee pound Orect labor 3 hours at 515 per hour Variable overhead: 3 hours at 59 per hour Total standard cost per unit $40 45 22 5112 The planning budget for arch was based on producing and selling 21.000 units. However during March the company actually produced and sold 26.000 units and incurred the following costs a. Purchased 160,000 pounds of raw materials at a cost of $6.50 per pound. All of this material was used in production b. Direct laborers worked 70.000 hours at a rate of $16 per hour. c. Total variable manufacturing overhead for the month was $655,200. 13. What variable manufacturing overhead cost would be included in the company's flexible budget for March? Varianacturing overad cost 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 materials: 5 pounds at 58 per pound Direct labor: 3 hours at 315 per hour Variable overhead: 3 hours at 59 per hour Total standard cost per unit $40 45 27 $112 The planning budget for March was based on producing and selling 21,000 units. However, during March the company actually produced and sold 26.000 units and incurred the following costs: a. Purchased 160.000 pounds of raw materials at a cost of $6.50 per pound. All of this material was used in production b. Direct laborers worked 70,000 hours at a rate of $16 per hour. Total variable manufacturing overhead for the month was $655,200. 14 What is the variable overhead rate variance for March (Round the actual overhead rote to two decimal places, indicate the effect of each variance by selecting "F" for favorable, "U" for unfovorable, and "None" for no effect (ie, tero variance). Input all amounts as positive values.) Vale adale van 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 S48 Direct materials 5 pounds ut $8 per pound Direct labor 3 hours at $15 per hour Variable overhead 3 hours at 39 per hour Total standard cost per unit 22 $ 112 The planning budget for March was based on producing and selling 21000 units. However, during March the company actually produced and sold 26,000 units and incurred the following costs: a. Purchased 160,000 pounds of raw materials at a cost of $6.50 per pound. All of this material was used in production, b. Direct laborers worked 70,000 hours at a rate of $16 per hour Total variable manufacturing overhead for the month was $655,200. 15. What is the variable overhead efficiency variance for March? (Round the actual overhead roto to two decimal places. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (... zero variance). Input all amounts os positive volues.)
