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 $9 per pound Direct labor: 3 hours at $14 per hour Variable overhead: 3 hours at $9 per hour $ 45 42 27 Total standard variable cost per unit $ 114 The company also established the following cost formulas for its selling expenses: Fixed Cost per Month $300,000 $200,000 Variable Cost per Unit Sold Advertising Sales salaries and commissions Shipping expenses $12.00 $ 4.00 The planning budget for March was based on producing and selling 20,000 units. However, during March the company actually produced and sold 24,800 units and incurred the following costs: a. Purchased 155,000 pounds of raw materials at a cost of $7.2 per pound. All of this material was used in production. b. Direct-laborers worked 65,000 hours at a rate of $15 per hour. c. Total variable manufacturing overhead for the month was $612,000. d. Total advertising, sales salaries and commissions, and shipping expenses were $308,000, $480,000, and $106,000, respectively. Required: What is the spending variance related to advertising? (Input the amount as a positive value. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance...) Spending variance $ (Click to select)