Required information The Foundational 15 (Algo) [LO10-1, LO10-2, LO10-3] [The following information applies to the questions displayed below] Preble Company manufactures one product. Its variable manufacturing overhead is appliec oduction 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 21,000 units. However, during March the company actually produced and sold 26,600 units and incurred the following costs: a. Purchased 154,000 pounds of raw materials at a cost of $9.50 per pound. All of this material was used in production. b. Direct laborers worked 63,000 hours at a rate of $13 per hour. c. Total variable manufacturing overhead for the month was $510,930. Foundational 10-2 (Algo) 2. What raw materials cost would be included in the company's flexible budget for March