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\mathrm{.}50$ per pound. All of this material was used in production.

b$.$ Direct laborers worked $55,000$ hours at a rate of $$15\mathrm{.}00$ per hour.

c$.$ Total variable manufacturing overhead for the month was $$280,500.$

Required:

What raw materials cost would be included in the company's planning budget for March?

What raw materials cost would be included in the company's flexible budget for March?

What is the materials price variance for March?

What is the materials quantity variance for March?

If Preble had purchased $170,000$ pounds of materials at $$7\mathrm{.}50$ per pound and used $160,000$ pounds in production, what would be the

materials price variance for March?

If Preble had purchased $170,000$ pounds of materials at $$7\mathrm{.}50$ per pound and used $160,000$ pounds in production, what would be the

materials quantity variance for March?

What direct labor cost would be included in the company's planning budget for March?

What direct labor cost would be included in the company's flexible budget for March?

What is the labor rate variance for March?

What is the labor efficiency variance for March?

What is the labor spending variance for March?

What variable manufacturing overhead cost would be included in the company's planning budget for March?

What variable manufacturing overhead cost would be included in the company's flexible budget for March?

What is the variable overhead rate variance for March?

What is the variable overhead efficiency variance for March?