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 material: 5 pounds at $8.00 per pound Direct labor: 3 hours at $17.00 per hour Vanable overhead: 3 hours at $9.00 per hour $ 40.00 51.00 2700 Total standard variable cost per unit $ 118.00 The company also established the following cost formulas for its selling expenses Advertising Sales salaries and commissions Shipping expenses Fixed Cost per Variable Cost Month per Unit Sold $350.000 $250.000 $16.00 $ 400 The planning budget for March was based on producing and selling 21000 units. However during March the company actually produced and sold 26.000 units and incurred the following costs Purchased 160.000 pounds of raw materials at a cost of $6.50 per pound. All of this material was used in production b. Direct laborers worked 68.000 hours at a rate of $19.00 per hour c. Total variable manufacturing overhead for the month was 5655 200 d. Total advertising, sales salaries and commissions, and shipping expenses were $364.000 5655.520. and value 0.50 points 2. What is the materials quantity variance for March? (Input the amount as a positive value. Indicate the effect of each variance by selecting "F" for favorable. "U" for unfavorable, and "None" for no effect fi.e., zero variance.).) Materials quantity variance 12. value 0.50 points 3. What is the materials price variance for March? (Input the amount as a positive value. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.).) Materials price variance valve 0.50 points 7. What is the direct labor efficiency variance for March? (Input the amount as a positive value. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance.).) Labor efficiency variance value 0.50 points 8. What is the direct labor rate variance for March? (Input the amount as a positive value. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.).) Labor rate variance value: 0.50 points 10. What is the variable overhead efficiency variance for March? (Input the amount as a positive value. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.).) Variable overhead efficiency variance value 0.50 points 11. What is the variable overhead rate variance for March? (Do not round intermediate calculations. Input the amount as a positive value. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.).) Variable overhead rate variance