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 labour-hours and its standard costs per unit are as follows Direct materials sis 58. per i direct labour 2 hours * $15 per hour Variable overhead 2 hours at $5 per hour 5 52.be . 2.ee Total standard cost per unat $ The company planned to produce and sell 32.000 units in March. However during March the company actually produced and sold 37.600 units and incurred the following costs a. Purchased 200.000 kg of raw materials at a cost of $9.40 per kg All of this material was used in production b Direct labour 75.000 hours at a rate of $16 per hour c. Total variable manufacturing overhead for the month was $558,750 5. What is the labour rate variance for March? (Indicate the effect of each Varlance by selecting p* for favorable. "U" for untavorable, and "None" for no effectie, zeto var lance.). Do not round Intermediate calculations. Labourtate variance Required Information The following information applies to the questions displayed below. Preble Company manufactures one produa. Its variable manufacturing overhead is applied to production based on direct Tabour-hours, and its standard costs per unit are as follows $ Darect materials skate.ce per le Direct labour 2 hours at $15 per hour Variable overhead: 2 hours at $5 per hour Total standard cost per unit se.ee e.ee 39. se.ee The company planned to produce and sell 32.000 units in March. However, during March the company actually produced and sold 37.600 units and incurred the following costs a. Purchased 200.000 kg of raw materials at a cost of $9.40 per kg. All of this material was used in production b. Direct labour. 75.000 hours at a rate of $16 per hour c. Total variable manufacturing overhead for the month was $558,750. 6. What is the labour efficiency variance for March? Indkate the effect of sach Vatlance by selecting "P" for favorable. "U" for unfavorable, and "None" for no effect al.e.zero variance.). Do not round Intermecllate calculations. Labour officiency variance Required Information {The following information applies to the questions displayed below! Preble Company manufacutes one product. Its variable manufacturing overhead is applied to production based on direct labour-hours, and its standard costs per unit are as follows: $ Direct materials sie $30.00 per le Direct labour 2 hours at 115 per hour Variable overhead 2 hours at 95 per hour Total standard cost per unit 3. 3 The company planned to produce and sell 32.000 units in March However, during March the company actually produced and sold 37.600 units and incurred the following costs a. Purchased 200.000 kg of raw materials at a cost of $9.40 per kg All of this material was used in production b Direct labour. 75,000 hours at a rate of $16 per hour. c Total variable manufacturing overhead for the month was $558,750 7 What is the variable overhead spending variance for March? Do not round Intermediate cak ulations. Round the actual overhead Iate to two decimal places. Indicate the effect of each varlance by selecting "e* for favorable, "U" for unfavorable, and "None" for no effectie, zero variance.I. Valable overhead upending wariance Required Information {The following information apolles to the questions displayed below! Preble Company manufactures one produd Its variable manufacturing overhead is applied to production based on direct labour hours and its standard costs per unit are as follows: Direct materials: 5 lg 530.00 per le Direct labour 2 hours at $15 per hour Variable overhead 2 hours at $5 per hour 3 5. 3. Total standard cost per undt $ 9. The company planned to produce and sell 32.000 units in March However, during March the company actually produced and cold 37,600 units and incurred the following costs a. Purchased 200,000 kg of raw materials at a cost of $9.40 per kg All of this material was used in production b Direa labour 75,000 hours at a rate of $16 per hour, e Total variable manufacturing overhead for the month was $558,750 8. What is the variable overheadrate variance for March? Round the actual overhead late to two decimal places. Indicate the effect of each variance by selecting "F* for favorable, "U" for unfavorable, and None" for no effectie, zero variance..) Variable overhead tate vatance