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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 on direct

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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 on direct labour-hours, and its standard costs per unit are as follows: The company planned to produce and sell 28,000 units in March. Howevec, during March the company actually produced and sold 34,000 units and incurred the following costs: a. Purchased 180,000kg of raw materials at a cost of $8.50 per kg. All of this material was used in production. b. Direct labour: 69,000 hours at a rate of $15 per hour. c. Total variable manufacturing overhead for the month was $565,110 What is the materials price vatiance for March? (Indicate the effect of each vorionce by selecting "F" for favorable, "U" for nfavoroble, and "None" for no effect (i.e., zero voriance.).) 2. What is the materials quantify varlance for March? (Indicate the effect of ench variance by selecting "F" for fovorable, "U" for unfovorable, and "None' for no effect (L.e., zero variance.).) 3. If Preble had purchased 184.000kg of materlals at 58.50 per kg and used 180.000kg In production, what would be the materials pice varhance for March? (Indicote the effect of each vorionce by selecting "F" for fovorable. "U" for unfavorable, and "None" for no effect (i.e., zero vorionce.). Do not round Intermediote calculotions.) 4. If Preble had purchased 184,000kg of materials at $8.50 per kg and used 180,000kg in production, what would be the materials quantity variance for March? (Indieote the effect of each voriance by selecting "F" for favoroble, "U" for unfavorable, and "None" for no effect (i.e., zero varience.), Do not round Intermediote calculations.) 5. What is the labour rate varlance for March? (Indicate the effect of each variance by selecting "F" for fovorable, "U" for unfovorable, and "None" for no effect (i.e., zero variance.). Do not round intermediate colculations.) 6. What is the labour efficiency varlance for March? (Indicate the effect of each variance by selecting "F" for fovorable, "U" for unfoveroble, and "None" for no effect (i.e., zero voriance.). Do not round intermediote colculations.) 7. What is the variable overhead spending variance for March? (Do not round intermediate calculations. Round the octual overhead rote to two decimal ploces. Indicate the effect of ench varionce by selecting "F" for fovoroble, "U" for unfavorable, ond "None" for no effect (i.e., zero vorionce.).) 8. What is the variable overhead efficiency vatiance for March? (Round the okrual overhead rate to rwo decimal places. Incicate the effect of each voriance by selecting "F" for favorable, "U" for unfovorable, and "None" for no effect (i.e., zero voriance.).)

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