Saved 0 Required information [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 labour-hours, and its standard costs per unit are as follows: Direct materials: 5 kg at $10.00 per kg Direct labour: 3 hours at $14 per hour Variable overhead: 3 hours at $4 per hour Total standard cost per unit $50.00 42.00 12.09 5184.00 The company planned to produce and sell 29,000 units in March. However, during March the company actually produced and sold 34,200 units and incurred the following costs: a. Purchased 180,000 kg of raw materials at a cost of $9.50 per kg. All of this material was used in production b. Direct labour. 74,000 hours at a rate of $15 per hour. c Total variable manufacturing overhead for the month was $440,300. 1. What is the materials price variance for March? (Indicate the effect of each vorionce by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance.).) Materials price variance Required information [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 labour hours, and its standard costs per unit are as follows: Direct materials 5 kg at $10.00 per kg Direct labour: 9 hours at $14 per hour Variable overhead: 3 hours at 14 per hour Total standard cost per unit $ 50.00 42.00 12.00 $104.00 The company planned to produce and sell 29,000 units in March. However, during March the company actually produced and sold 34 200 units and incorred the following costs a Purchased 180,000 kg of taw materials at a cost of $9.50 per kg All of this material was used in production b. Direct labour 74,000 hours at a rate of $15 per hour c. Total variable manufacturing overhead for the month was $490.300 2. What is the matenals quantity variance for March (Indicate the effect of each voriance by selecting "P" for lovorable, "U" for unfavorable, and "None" for no effectie. zero variance..) Materials quantity variance ! Required information [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 labour hours, and its standard costs per unit are as follows: Direct materials: 5 kg at $10.00 per kg Direct labour: 3 hours at $14 per hour Variable overhead: 3 hours at 54 per hour Total standard cost per unit $50.00 42.80 12.00 $184.00 The company planned to produce and sell 29,000 units in March. However, during March the company actually produced and sold 34,200 units and incurred the following costs: a Purchased 180,000 kg of raw materials at a cost of $9.50 per kg. All of this material was used in production b. Direct labour. 74,000 hours at a rate of $15 per hour, c. Total variable manufacturing overhead for the month was $440,300 3. If Preble had purchased 189,000 kg of materials at $9.50 per kg and used 180,000 kg in production, what would be the matenals price variance for March? (Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Do not round intermediate calculations.) Material price variance ! Required information [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 labour-hours, and its standard costs per unit are as follows: Direct materials: 5 kg at $10.00 per kg Direct labour: 3 hours at $14 per hour Variable overhead: 3 hours at $4 per hour Total standard cost per unit $50.00 42.00 12.09 $104.90 The company planned to produce and sell 29,000 units in March. However, during March the company actually produced and sold 34,200 units and incurred the following costs. a. Purchased 180.000 kg of raw materials at a cost of $9.50 per kg. All of this material was used in production b. Direct labour. 74.000 hours at a rate of $15 per hour c. Total variable manufacturing overhead for the month was $440,300. 4. If Preble had purchased 189,000 kg of materials at $9.50 per kg and used 180,000 kg in production, what would be the materials quantity variance for March? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Do not round intermediate calculations.) Materials quantity variance ! Required information 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 labour-hours, and its standard costs per unit are as follows: Direct materials: 5 kg at $10.00 per kg Direct labour: 3 hours at $14 per hour Variable overhead: 3 hours at 54 per hour Total standard cost per unit $50.00 42.00 12.00 $184.00 The company planned to produce and sell 29,000 units in March. However, during March the company actually produced and sold 34,200 units and incurred the following costs: a Purchased 180,000 kg of raw materials at a cost of $9.50 per kg. All of this material was used in production, b. Direct labour. 74.000 hours at a rate of $15 per hour. c. Total variable manufacturing overhead for the month was $440,300 5. What is the labour rate variance for March? (Indicate the effect of each variance by selecting "f" for favorable. "U" for unfavorable, and "None" for no effect (ie, zero variance.). Do not round intermediate colculations.) Labour rate variance 0 Required information [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 labour hours, and its standard costs per unit are as follows. Direct materials: 5 kg at $10.00 per kg Direct labour: 3 hours at $14 per hour Variable overhead: 3 hours at $4 per hour Total standard cost per unit $ 50.00 42.00 12.00 $104.00 The company planned to produce and sell 29,000 units in March. However, during March the company actually produced and sold 34 200 units and incurred the following costs: a. Purchased 180,000 kg of raw materials at a cost of $9.50 per kg. All of this material was used in production b. Direct labour. 74,000 hours at a rate of $15 per hour, c. Total variable manufacturing overhead for the month was $440,300, 6. What is the labour efficiency variance for March? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i... zero variance.). Do not round Intermediate calculations.) Labour afficiency variance 1 Required information 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 labour-hours, and its standard costs per unit are as follows Direct materials: 5 kg at $10.00 per kg Direct labour 3 hours at 514 per hour Variable overhead: 3 hours at 54 per hour Total standard cost per unit $ 50. 42.00 12.00 $104.00 The company planned to produce and sell 29,000 units in March. However, during March the company actually produced and sold 34,200 units and incurred the following costs a. Purchased 180,000 kg of raw materials at a cost of $9.50 per kg. All of this material was used in production b. Direct labour 74.000 hours at a rate of $15 per hour c. Total variable manufacturing overhead for the month was $440,300 7. What is the variable overhead spending variance for March? (Do not round intermediate calculations. Round the actual overhead rote to two decimal places. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (ie., zero variance.):) Variable overhead rta variance . Required information 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 labour-hours, and its standard costs per unit are as follows: Direct materials: 5 kg at $10.00 per kg Direct labour: 3 hours at $14 per hour Variable overhead: 3 hours at 14 per hour Total standard cost per unit $50.00 42.00 12.00 $104.00 The company planned to produce and sell 29,000 units in March. However, during March the company actually produced and sold 34 200 units and incurred the following costs: a. Purchased 180,000 kg of raw materials at a cost of $950 per kg. All of this material was used in production b. Direct labour. 74,000 hours at a rate of $15 per hour. c. Total variable manufacturing overhead for the month was $440,300 8. What is the variable overhead efficiency variance for March? (Round the actual overhead rote to two decimal places. Indicate the effect of each variance by selecting "F" for fovorable, "U" for unfavorable, and "None" for no effect fi.e, zero variance.).) Variable overhead officiency variance