WILL UPVOTE IF ALL ARE DONE!!

11) What is the variable overhead rate variance in March?* Indicate the effect of each variance with F for favorable, U for unfavorable, and None for no effect*

12) What amounts of advertising, sales salaries and commissions, and shipping expenses would be included in the company's flexible budget for March?

13) What is the spending variance related to advertising? * Indicate the effect of each variance with F for favorable, U for unfavorable, and None for no effect*

14) What is the spending variance related to sales salaries and commissions? * Indicate the effect of each variance with F for favorable, U for unfavorable, and None for no effect*

15)What is the spending variance related to shipping expenses ? * Indicate the effect of each variance with F for favorable, U for unfavorable, and None for no effect*

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: 6 pounds at $8.00 per pound $ 48.00 Direct labor: 4 hours at $17 per hour 68.00 Variable overheadt 4 hours at $4 per hour 16.00 Total standard variable colt per unit $132.00 The company also established the following cost formulas for its selling expenses. Variable Cost per Unit Sold Fixed cost per Month $ 370,000 $ 440,000 Advertising Sales salaries and commissions Shipping expenses 529.00 $20.00 The planning budget for March was based on producing and selling 19,000 units. However, during March the company actually produced and sold 24,000 units and incurred the following costs: a. Purchased 160,000 pounds of raw materials at a cost of $7.20 per pound, All of this material was used in production. b. Direct-laborers worked 72,000 hours at a rate of $18.00 per hour c. Total variable manufacturing overhead for the month was $336,960, d. Total advertising, sales salaries and commissions, and shipping expenses were $374,000, $540,000, and $285,000, respectively