The Foundational 15 (LO9-1, LO9-2, L09-4, LO9-5, LO9-6) {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 $10.00 Direct labor: 2 hours at $14 per hour 28.00 Variable overhead: 2 hours at $5 per hour 10.00 Total standard variable cost per unit $78.00 The company also established the following cost formulas for its selling expenses: Variable cont per Unit Gold Advertising Sales salaries and commission Shipping expenses Fixed Cost per Honth $ 200,000 $ 100,000 $ 12.00 3.00 The planning budget for March was based on producing and selling 25,000 units. However, during March the company actually produced and sold 30,000 units and incurred the following costs: a. Purchased 160.000 pounds of raw materials at a cost of $7.50 per pound. All of this material was used in production b. Direct laborers worked 55,000 hours at a rate of $15.00 per hour. c. Total variable manufacturing overhead for the month was $280,500. d. Total advertising, sales salaries and commissions, and shipping expenses were $210,000, $455,000, and $115,000, respectively Foundational 9-6 6. What direct labor cost would be included in the company's flexible budget for March? Direct labor cost Foundational 9-9 9. What variable manufacturing overhead cost would be included in the company's flexible budget for March? Variable manufacturing overhead cost ces Foundational 9-10 10. What is the variable overhead efficiency variance for March? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.o., zero variance.). Input the amount as a positive value.) Variable overhead emchoncy variance Foundational 9-11 11. What is the variable overhead rate variance for March? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance.). Input the amount as a positive value.) Variable overhead rate variance