[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: 4 pounds at $9.00 per pound $36.00 Direct labor: 3 hours at $15 per hour Variable overhead: 3 hours at $6 per hour 18.00 Total standard variable cost per unit $ 99.00 45.00 The company also established the following cost formulas for its selling expenses: Variable Cost per Unit Sold Fixed Cost per Month $ 210,000 $ 120,000 Advertising Sales salaries and commissions Shipping expenses $ 13.00 $ 4.00 The planning budget for March was based on producing and selling 26,000 units. However, during March the company actually produced and sold 31,000 units and incurred the following costs: a. Purchased 155,000 pounds of raw materials at a cost of $7.20 per pound. All of this material was used in production b. Direct-laborers worked 56,000 hours at a gate of $16.00 per hour. c. Total variable manufacturing overhead for the month was $524,720. d. Total advertising, sales salaries and commissions, and shipping expenses were $220,000, $460,000, and $125.000 respectively. Variable Fixed cost Cost per per Month Unit Sold Advertising $ 210,000 Sales salaries and commissions $ 120,000 $ 13.00 Shipping expenses $ 4.00 The planning budget for March was based on producing and selling 26,000 units. However, during March actually produced and sold 31,000 units and incurred the following costs: a. Purchased 155,000 pounds of raw materials at a cost of $7.20 per pound. All of this material was used b. Direct-laborers worked 56,000 hours at a rate of $16.00 per hour. c. Total variable manufacturing overhead for the month was $524,720. d. Total advertising, sales salaries and commissions, and shipping expenses were $220,000, $460,000, respectively. Foundational 9-1 (Algo) Required: 1. What raw materials cost would be included in the company's flexible budget for March? Raw material cost per Unit Sold Advertising Sales salaries and commissions Shipping expenses per Month $ 210,000 $ 120,000 $ 13.00 $ 4.00 The planning budget for March was based on producing and selling 26,000 units. actually produced and sold 31,000 units and incurred the following costs: a. Purchased 155,000 pounds of raw materials at a cost of $7.20 per pound. All of b. Direct-laborers worked 56,000 hours at a rate of $16.00 per hour. C. Total variable manufacturing overhead for the month was $524,720. d. Total advertising, sales salaries and commissions, and shipping expenses were respectively. Foundational 9-2 (Algo) 2. What is the materials quantity variance for March? (Indicate the effect of each variana unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as a pos Materials quantity variance Unit Sold Advertising Sales salaries and commissions Shipping expenses per Month $ 210,000 $ 120,000 $ 13.00 $ 4.00 The planning budget for March was based on producing and selling 26,000 units. He actually produced and sold 31,000 units and incurred the following costs: a. Purchased 155,000 pounds of raw materials at a cost of $7.20 per pound. All of th b. Direct-laborers worked 56,000 hours at a rate of $16.00 per hour. c. Total variable manufacturing overhead for the month was $524,720. d. Total advertising, sales salaries and commissions, and shipping expenses were $2 respectively. Foundational 9-3 (Algo) 3. What is the materials price variance for March? (Indicate the effect of each variance by unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as a positive Materials price variance Variable Cost per Unit Sold Fixed Cost per Month $ 210,000 $ 120,000 Advertising Sales salaries and commissions Shipping expenses $ 13.00 $ 4.00 The planning budget for March was based on producing and selling 26,000 units. However actually produced and sold 31,000 units and incurred the following costs: a. Purchased 155,000 pounds of raw materials at a cost of $7.20 per pound. All of this mate b. Direct-laborers worked 56,000 hours at a rate of $16.00 per hour. C. Total variable manufacturing overhead for the month was $524,720. d. Total advertising, sales salaries and commissions, and shipping expenses were $220,00 respectively. Foundational 9-6 (Algo) 6. What direct labor cost would be included in the company's flexible budget for March? Direct labor cost