Required informotion [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 planning budget for March was based on producing and seiling 20.000 units. However, during March the company actually produced and sold 25,500 units and incured the following costs a. Purchased 170.000 pounds of raw materials at o cost of $720 per pound All of this materal was used in production b. Direct laborers worked 73.000 hours ot a rate of $14 per hour c. Total variable manufacturing overhead for the month was $427050 6. If Preble had purchased 188,000 pounds of materials at $7.20 per pound and used 170,000 pounds in production, what would be the materials quantity variance for March? Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfovorable, and "None" for no effect (i.e., zero variance.). Input all amounts as positive values. 7. What direct labor cost would be included in the company's planning budget for March? 8. What direct labor cost would be included in the company's flexible budget for March? 9. What is the labor rate variance for March? Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfovorable, and "None" for no effect (i. variance.). Input all amounts as positive values. What is the labor efficiency variance for March? ote: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfovorable, and "None" for no effect ariance.). Input all amounts as positive values