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: 5 pounds at $10.00 per pound Direct labor: 4 hours at $16 per hour Variable overhead: 4 hours at $7 per hour Total standard variable cost per unit The company also established the following cost formulas for its selling expenses: Advertising Sales salaries and commissions Shipping expenses $ 50.00 64.00 28.00 $142.00 variable Fixed Cost per cost per Month Unit Sold $ 220,000 $ 140,000 Direct labor efficiency variance The planning budget for March was based on producing and selling 20,000 units. However, during March the company actually produced and sold 24,600 units and incurred the following costs. S 430,000 $14.00 $ 5.00 a. Purchased 164,000 pounds of raw materials at a cost of $7.50 per pound. All of this material was used in production. b. Direct-laborers worked 57,000 hours at a rate of $17.00 per hour. c. Total varlable manufacturing overhead for the month was $653,220. d. Total advertising, sales salaries and commissions, and shipping expenses were $235,000, $465,000, and $135,000, respectively. 7. What is the direct labor efficiency variance for March? (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (1.e., zero varlance.). Input the amount as a positive value.)

Required Information [The following information applles to the questions displayed below] Preble Company manufactures one product its varlable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows: Direct material: 5 pounds at $10.00 per pound Direct labor: 4 hours at $16 per hour Variable overhead: 4 hours at 57 per hour Total standard variable cost per unit The company aiso established the following cost formulas for its seling expenses: The planning budget for March was based on producing and selling 20,000 units. However, during March the company actually produced and soid 24,600 units and incurred the following costs: a. Purchased 164,000 pounds of raw materlals at a cost of $7.50 per pound. All of this materlal was used in production. b. Direct-laborers worked 57,000 hours at a rate of $1700 per hour c. Total varlable manufacturing overhead for the month was $653.220 d. Total advertising, sales salarles and commissions, and shipping expenses were $235,000,$465,000,0nd$135,000. respectively. 7. What is the direct labor efficlency varlance for March? (Indicote the effect of eoch verlance by selecting "F" for fovorable, "U" for unfovorable, and "None" for no effect (l.e., zero varlance.). Input the amount as a positive value.) Direct labor efficiency variance 5430.000