Question: Please answer question correctly IThe following Information apples to the questions displayed belowj Preble Company manufactures one product its varlable manufacturing overhead ls applied to
IThe following Information apples to the questions displayed belowj Preble Company manufactures one product its varlable manufacturing overhead ls applied to production based on direct labor-hours and lts standard cost card per unit ls as follows: Direct materials: 6 pounds at $8 per pound 48 Direct labor: 4 hours at $13 per hour 52 Variable overhead: 4 hours at $5 per hour 120 Total standard cost per unlt The planning budget for March was based on producing and selling 20.000 units. However, during March the company actually produced and sold 25,500 units and incurred the following costs: a. Purchased 170,000 pounds of raw materials at a cost of $7.20 per pound. All of this material was used in production. b. Direct laborers worked 73.000 hours at a rate of $14 per hour. c. Total variable manufacturing overhead for the month was $427o50. 1.00 points
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