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Required information The following information apples to the questions displayed below.] Preble Company manufactures one product its varable manufacturing cverhead is applied to production based on direct labour hours, and its standard costs pet unit are as follows: The company ptanned to produce and sell 19,000 units in March. However, during March the company actually produced and sold 24.000 anits and incuned the following costs: 7. Purchased 160,000kg of raw materials at a cost of $7.20 per kg. All of this material was used in production. b. Drect ibois 72.000 hours at a fate of $18 per hout. c. Total valable manslacturing oyerhead for the month was $335,960. 1. What is the matesing price variance for Marci? (indicete the effect of ench voriance by selecting "F* for favorable. "U* for. unfoverable, end "Hone" for no efiect (i.e., zere varinnce.).)