1. What raw materials cost would be included in the companys planning budget for March? (936,000)
2. What raw materials cost would be included in the companys flexible budget for March? (1,116,000)
3. What is the materials price variance for March? ( 279,000 F)
4. What is the materials quantity variance for March?
5. If Preble had purchased 171,000 pounds of materials at $7.20 per pound and used 155,000 pounds in production, what would be the materials price variance for March?
6. If Preble had purchased 171,000 pounds of materials at $7.20 per pound and used 155,000 pounds in production, what would be the materials quantity variance for March?
7. What direct labor cost would be included in the companys planning budget for March?
8. What direct labor cost would be included in the companys flexible budget for March?
9. What is the labor rate variance for March?
10. What is the labor efficiency variance for March?
11. What is the labor spending variance for March?
12. What variable manufacturing overhead cost would be included in the companys planning budget for March?
13. What variable manufacturing overhead cost would be included in the companys flexible budget for March?
14. What is the variable overhead rate variance for March?
15. What is the variable overhead efficiency variance for March?

Required Information The Foundational 15 (Algo) [LO10-1, LO10-2, LO10-3] [The following information applles to the questions displayed below.] Preble Company manufactures one product. Its varlable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows: The planning budget for March was based on producing and selling 26,000 units. However, during March the company actually produced and sold 31,000 units and incurred the following costs: a. Purchased 155,000 pounds of raw materlals at a cost of $7.20 per pound. All of thls materlal was used In production. b. Direct laborers worked 56,000 hours at a rate of $16 per hour. c. Total varlable manufacturing overhead for the month was $524,720