samething here can you please fill in the blanks and or let me kmow if i did tue rest of them correctly... thank you!

B D M N P F G 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: 10 (2) Standard Standard Standard Quantity Price Cost or Hours or Rate (1) (2) 5 pounds $8.00 por pound $4000 2 hours $14 por hour 28.00 2 hours $5 por hour 10.00 $78.00 Inputs Direct materials Direct labor Variable overhead Total standard cost per unit 18 9 10 11 12 13 14 The planning budget for March was based on producing and selling 25,000 units. However, during March the company actually produced and sold 30,000 units and incurred the following costs: TS 16 17 18 18 2. Purchased 160,000 pounds of raw materials at a cost of S7.50 per pound. All of this material was used in production. b. Direct laborers worked 55,000 hours at a rate of $15.00 per hour c. Total variable manufacturing overhead for the month was $280,500. 20 A B D E F 13. What variable manufacturing overhead cost would be included in the company's flexible budget for March? 14. What is the variable overhead rate variance for March? 15. What is the variable overhead efficiency variance for March? 13) Variable manufacturing overhead cost included in Flexible Budget: Units produced in Flexible Budget (a) Direct labor required per unit (b) Total direct labor hours needed (a)(b) = (c) Variable mfg. overhead cost per direct labor hour (d) Total variable mfg. overhead cost included in Flexible Budget (c)x(d 9 10 30000 10 300000 11 12 14) Variable overhead rate variance for March AH (AR-SR) Actual variable mfg. overhead rate/hour (a) Standard variable mfg. overhead rate/hour (b) Variance (a) - (b)= (c) Actual quantity of direct labor used (d) *Variable mfg. overhead rate variance (c)(d) 55000 5 275000 280500 5500 unfavorable *If actual variable mfg. overhead rate paid is greater than standard variable mig, overhead rate allowed, the variable mfg.overhead rate variance would be unfavorable and vice versa. 8 9 15) Variable overhead efficiency variance for March SR (AH-SH) Actual quantity of direct labor used (a) Standard quantity allowed (b) Variance (a) - (b) (c) Standard variable overhead rate/hour (d) **Variable overhead efficiency variance (c)x(d) BO 5 55000 275000 250000 2500 Favorable 31 32 33 34 mlf actual quantity of direct labor used exceed standard quantity of direct labor allowed, variable overhead efficiency variance would be unfavorable and vice versa. 35