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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
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: 5 Direct materials: 5 kg at 37.80 per kg Direct labour 3 hours at 516 per hour Variable overhead hours at 34 per hour 35.00 . 32.00 Total standard cost per unit $95. The company planned to produce and sell 30,000 units in March However during March the company actually produced and sold 34.000 units and incurred the following costs Purchased 175.000 kg of raw materials at a cost of 56 80 per kg. All of this material was used in production Direct labour: 71000 hours at a rate of $17 per hour. c. Total variable manufacturing overhead for the month was $340,090 to 1 What is the materiais price variance for Maren (indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable and "None" for no effect detero varience:):) Maison De varance
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