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une 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
une 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 Direct labor! 2 hours at $14 per hour Variable overhead: 2 hours at 35 per hour Total standard variable cost per unit 10.00 28.00 10.00 $78.00 The company also established the following cost formulas for its selling expenses Verloble Fixed cost per cost per Month Unit Sold Advertising $ 200.000 Sales salaries and cossions $ 100,000 $12.00 Shipping expenses $3100 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 5750 per poond All of this material was used in production b. Direct laborers worked 55,000 hours at a rate of $15.00 per hour Total variable manufacturing overhead for the month was $280.500 LATA 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 effectie, zero variance.). Input the amount as a positive volue) Vitoverhead
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