Required information [The following information applles 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: The planning budget for March was based on producing and selling 26,000 units However during March the company actually produced and sold 31,000 units and incurted the following costs: a. Purchased 155.000 pounds of raw materials at a cost of $7.20 per pound. All of this material was used in pioduction. b. Direct laborers worked 56,000 hours at a rate of $16 per houk, c. Total variable manufacturing overhead for the month was $524,720. What is the labor spending varlance for March? lote: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero ariance.). Input all amounts as positive values. Required information [The following information applles 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: The planing budget for March was based on producing and selling 26,000 units. However, during March the company actually produced and sold 31,000 units and incurred the following costs: a. Purchased 155.000 pounds of raw materials at a cost of $7.20 per pound. All of this material was used in production. b. Direct laborers worked 56,000 hours at a rate of $16 per hour. c. Total varlable manufacturing overhead for the month was $524,720. What variable manufacturing overhead cost would be included in the company's planning budget for March? 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: The planning budget for March was based on producing and selling 26,000 units. However, during March the company actually produced and sold 31.000 units and incurred the following costs: a. Purchased 155.000 pounds of raw materials at a cost of $7.20 per pound. All of this material was used in production. b. Direct laborers worked 56,000 hours at a rate of $16 per hour. c. Total variable manufacturing overhead for the month was $524.720. 3. What variable manufacturing overhead cost would be included in the company's flexible budget for March? Required information [The following information applies to the questions displayed below. Preble Company manufactures one product. Its variable manufacturing overhead is applled to production based on direct labor-hours and its standard cost card per unit is as follows: The planning budget for March was based on producing and selling 26.000 units. However, during March the company actually produced and sold 31,000 units and incurred the following costs: a. Purchased 155,000 pounds of raw materials at a cost of $7.20 per pound. All of this material was used in production. b. Direct laborers worked 56.000 hours at a rate of $16 per hour- c. Total vatiable manulacturing overhead for the month was $524,720. 4. What is the variable overhead rate variance for March? Note: Round the actual overhead rate to two decimal places. Indicate the effect of eoch variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input all amounts as positive values. Required informotion [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: The planning budget for March was based on producing and selling 26.000 units. However, during March the company actually produced and sold 31,000 units and incurred the following costs: a. Purchased 155.000 pounds of raw materials at a cost of $7.20 per pound. All of this material was used in production. b. Direct laborers worked 56,000 hours at a rate of $16 per hour. c. Total variable manufacturing overhead for the month was $524.720. 15. What is the varlable overhead efficiency variance for March? Note: Round the actual overhead rate to two decimal places. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavoroble, and "None" for no effect (i.e., zero variance.). Input all amounts as positive values