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[ The following information applies to the questions displayed below. ] Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based
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 laborhours and its standard cost card per unit is as follows:The planning budget for March was based on producing and selling units. However, during March the company actually, produced and sold units and incurred the following costs:a Purchased pounds of raw materials at a cost of $ per pound. All of this material was used in production.b Direct laborers worked hours at a rate of $ per hour.c Total variable manufacturing overhead for the month was $ What is the labor spending variance for March?
Note: Indicate the effect of each variance by selecting F for favorable, U for unfavorable, and "None" for no effect ie zero variance. Input all amounts as positive values.
Labor spending variance
What variable manufacturing overhead cost would be included in the company's flexible budget for March?
What variable manufacturing overhead cost would be included in the company's planning budget for March?
Variable manufacturing overhead cost
ariable manufacturing overhead cost
What is the variable overhead efficiency variance for March? ote: Round the actual overhead rate to two decimal places. Indicate the effe for unfavorable, and "None" for no effect ie zero variance. Input all am
lariable overhead efficiency variance
What is the variable overhead rate variance for March? ote: Round the actual overhead rate to two decimal places. Indicate the for unfavorable, and "None" for no effect ie zero variance. Input all
ariable overhead rate variance
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