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Required information The Foundational 15(Algo)[LO9-1, LO9-2, LO9-4, LO9-5, LO9-6] [The following...

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Accounting

Required information
The Foundational 15(Algo)[LO9-1, LO9-2, LO9-4, LO9-5, LO9-6]
[The following information applies to the questions displayed below.]
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: 4 pounds at $8.00 per pound
Direct labor: 2 hours at $16 per hour
Variable overhead: 2 hours at $6 per hour
Total standard variable cost per unit
$32.00
32.00
12.00
$76.00
The company also established the following cost formulas for its selling expenses:
\table[[,\table[[Fixed Cost per],[Month]],\table[[Variable],[Cost per],[Unit Sold]]],[\table[[Advertising],[Sales salaries and commissions],[Shipping expenses]],\table[[$320,000
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