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 compary also established the following cost formulas for its selling expenses: The planning budget for March was based on producing and selling 21,000 units. However, during March the comparfy actually produced and sold 26,000 units and incurred the following costs. a. Purchased 160,000 pounds of raw materiais at a cost of $6.50 per pound All of this material was used in production b. Direct-taborers worked 70,000 hours at a rate of $16.00 per hour c. Total variable manufacturing overhead for the month was 5655,200 d. Total advertising. sales salaries and commissions, and shipping expenses were $358,000,$530,000, and $265,000. respectively 2. What is the materials quantity variance for March? (Indicate the effect of eoch voriance by selecting "F" for fovorable, "U" for. unfavorable, and "None" for no effect (i.e,, zero voriance.). Input the amount as a positive value.)