so far. It does not indicate completion. Return to question 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 labor-hours and its standard cost card per unit is as follows: Direct materials: 8 pounds at $10 per pound Direct labor: 5 hours at $13 per hour Variable overhead: 5 hours at $8 per hour Total standard cost per unit $ 80 65 40 $185 The planning budget for March was based on producing and selling 15,000 units. However, during March the company actually produced and sold 17,000 units and incurred the following costs: 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 $513,920. 2. What raw materials cost would be included in the company's flexible budget for March? Answer is complete but not entirely correct. Row material cost $ 1,200,000 S Saved Help Save & Exit Submit ork mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question LHC IHIUVAT HUIULUI UMPICS WHIC YUCJUVIIS VISpruycu 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: Direct materials: 8 pounds at $10 per pound Direct labor: 5 hours at $13 per hour Variable overhead: 5 hours at $8 per hour Total standard cost per unit $ 80 65 40 $185 The planning budget for March was based on producing and selling 15,000 units. However, during March the company actually produced and sold 17,000 units and incurred the following costs: 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 $513,920. 4. What is 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.). Input all amounts as positive values.) Answer is complete but not entirely correct. Materials quantity variance (340.000) hlas ! 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 labor-hours and its standard cost card per unit is as follows: Direct materials: 8 pounds at $10 per pound Direct labor: 5 hours at $13 per hour Variable overhead: 5 hours at $8 per hour Total standard cost per unit $ 80 65 40 $ 185 The planning budget for March was based on producing and selling 15,000 units. However, during March the company actually produced and sold 17,000 units and incurred the following costs: 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 $513,920. 5. If Preble had purchased 179,000 pounds of materials at $8.00 per pound and used 170.000 pounds in production, what would be the materials price 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.). Input all amounts as positive values.) Materials price variance $ 64.000 16 17 EPIC Saved Help Save & Exit Submit Check my work 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 labor-hours and its standard cost card per unit is as follows: Direct materials: 8 pounds at $10 per pound Direct labor: 5 hours at $13 per hour Variable overhead: 5 hours at $8 per hour Total standard cost per unit $ 80 65 40 $185 The planning budget for March was based on producing and selling 15,000 units. However, during March the company actually produced and sold 17,000 units and incurred the following costs: 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 $513,920. 6. If Preble had purchased 179,000 pounds of materials at $8.00 per pound and used 170,000 pounds 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.). Input all amounts as positive values.) Materials quantity variance . Check my work 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 labor-hours and its standard cost card per unit is as follows: Direct materials: 8 pounds at $10 per pound Direct labor: 5 hours at $13 per hour Variable overhead: 5 hours at $8 per hour Total standard cost per unit $ 80 65 40 $ 185 The planning budget for March was based on producing and selling 15,000 units. However, during March the company actually produced and sold 17,000 units and incurred the following costs: 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 $513,920. 7. What direct labor cost would be included in the company's planning budget for March? Direct labor cost 10 Seved Help Save & Exit Submit Check my work ! 15 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 labor-hours and its standard cost card per unit is as follows: 52 Direct materials: 8 pounds at $10 per pound Direct labor: 5 hours at $13 per hour Variable overhead: 5 hours at $8 per hour Total standard cost per unit $ 80 65 40 $ 185 The planning budget for March was based on producing and selling 15,000 units. However, during March the company actually produced and sold 17,000 units and incurred the following costs: 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 $513,920. 8. What direct labor cost would be included in the company's flexible budget for March? Direct labor cost