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 materiali 5 pounds at $9.00 per pound $45.00 Direct labort 3 hours at $14 per hour Variable overheads 3 hours at se per hour Total standard variable cost per unit The company also established the following cost formulas for its selling expenses: Cost Variable Cost per Unit Sold Advertising Sales salaries and commis Shipping expenses $26.00 $12.00 The planning budget for March was based on producing and selling 28,000 units. However, during March the company actually produced and sold 34,000 units and incurred the following costs: a. Purchased 180,000 pounds of raw materials at a cost of $8.50 per pound. All of this material was used in production b. Direct-laborers worked 69,000 hours at a rate of $15.00 per hour. c. Total variable manufacturing overhead for the month was $565,110. d. Total advertising, sales salaries and commissions, and shipping expenses were $345,000, 5525,000, and $255,000, respectively. 4. If Preble had purchased 184,000 pounds of materials at $8.50 per pound and used 180,000 pounds in production, what would be 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 (ie, zero variance.). Input the amount as a positive value.) Materials quantity variance 5. If Preble had purchased 184,000 pounds of materials at $8.50 per pound and used 180,000 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 (.e., zero variance.). Input the amount as a positive value.) Materials price variance 6. What direct labor cost would be included in the company's flexible budget for March? Direct labor cost