Required information The Foundationel 15 [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 applied to production based on direct labor-hours and its standard cost card per unit is as follows $ 80 65 Direct labor 5 hours at $13 per hor Variable overhead 5 hours at $8 per hour $ 185 The planning budget for March was based on producing and selling 15.000 units. However, duning actually produced and sold 17,000 units and incurred the following costs the com a. Purchased 170,000 pounds of raw materials at a cost of $8.00 per pound. All of this material was used in production. b. Direct laborers worked 64,000 hours at a rate of $14 per hour. c Total variable manufacturing overhead for the month was S513.920 Foundational 10-7