Question: please kindly answer them all and ill give good feedback/up vote as well :) Preble Company manufactures one product. Its variable manufacturing overhead is applied















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 Direct labor: 4 hours at $13 per hour Variable overhead: 4 hours at $5 per hour Total standard variable cost per unit $ 48.00 52.00 20.00 $ 120.00 The company also ektablished the following cost formulas for its selling expenses, Advertising Soles salaries and commissions Shipping expenses Variable Fixed Cost per Cost per Month Unit Sold $ 380,080 $ 460,089 $ 30.00 $ 21.00 The planning budget for March was based on producing and selling 20,000 actually produced and sold 25.500 units and incurred the following costs: However, during March the company a. Purchased 170.000 pounds of raw materials at a cost of $720 per pound. All of this material was used in production b. Direct laborers worked 73.000 hours at a rate of $14.00 per hour. c. Total variable manufacturing overhead for the month was $427.050. d. Total advertising, sales salaries and commissions and shipping expenses were $386.000 $545,000 and $295.000, respectively 1. What raw materials cost would be included in the company's flexible budget for March? Raw material cost 2. What is the materials quantity variance for March? (Indicate the effect of each variance by selecting "F" for favorable. "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as a positive value.) Materials quantity variance 3. What is the moterials price variance for Morch? (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 value.) Materials price variance 4. If Preble had purchased 188,000 pounds of materials at $7.20 per pound and used 170,000 pounds in production, what would be the materials quantity variance for March? (Indicate the effect of each variance by selecting "F* for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as a positive value.) Materials quantity variance 5. If Preble had purchased 188,000 pounds of materials at $7.20 per pound and used 170,000 pounds in production, what would be the materials price variance for March? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (ie, zero variance.). Input the amount as a positive value.) Materiais pace variance 5. What direct labor cost would be included in the company's flexible budget for March? Direct labor cost 7. What is the direct labor efficiency variance for March? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect le., zero variance.). Input the amount as a positive value.) Direct labor officiency variance 8. What is the direct labor rate variance for Mareh? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as a positive value.) Direct laborate variance 9. What variable manufacturing overhead cost would be included in the company's flexible budget for March? Variable manufacturing overhead cost 10. What is the variable overhead efficiency variance for March? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (lie., zero variance.). Input the amount as a positive value.) Variable overhead efficiency variance 11. What is the variable overhead rate variance for Morch? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect lie, zero variance.). Input the amount as a positive value) Variable overhead rate variance 12. What amounts of advertising, sales salaries and commissions, and shipping expenses would be included in the company's flexible budget for March? Advertising Sales salaries and commissions Shipping expenses 13. What is the spending variance related to advertising (Indicate the effect of each variance by selecting "P" for favorable. "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as positive value.) Spending variance malated to advertising 14. What is the spending Variance related to sales salaries and commissions? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect i.o., zero variance.), Input the amount as a positive value.) Spending variance related to Sales salaries and commissions 15. What is the spending variance related to shipping expenses? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input the amount as a positive value.) Spending variance related to shipping expenses
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