Required information The Foundational 15 (L09-1, 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: Direct material: 6 pounds at $8.00 per pound $ 48.00 Direct labor: 4 hours at $13 per hour 52.00 Variable overheadt 4 hours at $5 per hour 20.00 Total standard variable cost per unit $120.00 The company also established the following cost formulas for its selling expenses: Variable cost per Unit Sold Advertising Salou salaries and commission Shipping expenses Fixed cost per Month 5 380,000 $ 460,000 $ $ 30.00 21.00 The planning budget for March was based on producing and seling 20,000 units. However, during March the company actually produced and sold 25,500 units and incurred the following costs a. Purchased 170,000 pounds of raw materials at a cost of $7.20 per pound. All of this material was used in production b. Direct laborers worked 73,000 hours at a rate of $14.00 per hour. c. Total variable manufacturing overhead for the month was $427050 d. Total advertising, sales safarles and commissions, and shipping expenses were $386,000, $545,000, and $295,000 respectively. Foundational 9-15 15. What is the spending variance related to shipping expenses? (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.) Spending vartance related to shipping expenses