Required information The Foundational 15 (Algo) [LO9-1, LO9-2, LO9.4, LO9-5, LO9-6] [The following information apples to the questions displayed bolow] Preble Compary 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 company also established the following cost formulas for its selling expenses. The plarining budget for March was based on producing and selling 20,000 units. However, during March the company actually produced ond sold 24,600 units and incurred the following costs. a. Purchased 164,000 pounds of raw materials at a cost of $750 per pound All of this material was used in production b. Direct-taborers worked 57,000 hours at a rate of $1700 per hour: c. Total variable manufacturing overhead for the month was $653,220 d. Total advertsing, sales salaries and commissions, and shipping expenses were $235,000,$465,000, and $135,000, respectively Foundational 9.8 (Algo) 8. What is the direct labor rate variance for March? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e, zero variance.). Input the amount as a positive value.) Required information The Foundational 15 (Algo) [LO9-1, LO9-2, LO9-4, LO9-5, LO9-6] [The following information applies to the questions displayed below.] Preble Company manufactures one product its variable manufacturing overhead is opplied to production based on direct lobor hours ond its standard cost cord per unit is as follows The company also estabished the following cost formalas for its selling expenses The planning budget for March was based on producing and seling 20,000 units. Howevec during March the company octually produced and sold 24,600 units and incurted the following costs: a. Purchased 164,000 pounds of rew moterials at a cest of $7.50 per pound. Nl of this matemal was used in production b. Directlaborers worked 57,000 hours at a rote of $1700 per hour c. Total vanable manufacturing overthad for the monti was $653,220 d. Total advertising. sales salanies and comnissions, and shipging expenses were $235,000,$465,000, and $135,000, respectively Foundational 9-11 (Algo) 11. What is the variable overhead rate variance for March? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfovorable, and "None" for no effect (i.e, zero variance.). Input the amount as a positive value.) Required information The Foundational 15 (AlgO) [LO9-1, LO9-2, LO9-4, LO9-5, LO9-6] [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 company also established the following cost formulas for its selling expenses: The planning budget for March was based on producing and selling 20,000 units. However, during March the company actually produced and sold 24,600 units and incurred the following costs: a. Purchased 164,000 pounds of raw materials at a cost of $7.50 per pound. All of this material was used in production. b. Direct-laborers worked 57,000 hours at a rate of $1700 per hour. c. Total variable manufacturing overhead for the month was $653,220. d. Total advertising. sales salaries and commissions, and shipping expenses were $235,000,$465,000, and $135,000. respectively. Foundational 9-12(Algo) 2. Whot amounts of advertising, sales salaries and commissions, and shipping expenses would be included in the compary's flexible udget for March