What is the materials price variance for March

What is the materials quantity variance for March

What is the labour rate variance for March

What is the labour efficiency variance for March

What is the variable overhead spending variance for March

What is the variable overhead efficiency variance for March

Preble Company manufactures one product. Its varlable manufacturing overhead is applied to production based on direct labourhours, and its standard costs per unit are as follows: The company planned to produce and sell 19,000 units in March. However, during March the company actually produced and sold 24,000 units and incurred the following costs: a. Purchased 160,000kg of raw materials at a cost of $7.20 per kg. All of this material was used in production. b. Direct labour: 60,000 hours at a rate of $15 per hour. c. Total varlable manufacturing overhead for the month was $336,600