[The following information applies to the questionsdisplayed below.]

Preble Company manufactures one product. Its variablemanufacturing overhead is applied to production based on directlabor-hours and its standard cost card per unit is as follows:

Direct material: 5pounds at $8.00 per pound	$	40.00
Direct labor: 3hours at $17.00 per hour		51.00
Variable overhead: 3hours at $9.00 per hour		27.00
Total standardvariable cost per unit	$	118.00

The company also established the following cost formulas for itsselling expenses:

	Fixed Cost per Month			Variable Cost per Unit Sold
Advertising	$	350,000
Sales salaries andcommissions	$	250,000		$	16.00
Shippingexpenses				$	4.00

The planning budget for March was based on producing and selling21,000 units. However, during March the company actually producedand sold 26,000 units and incurred the following costs:

a.	Purchased 160,000 pounds of raw materials at a cost of $6.50 perpound. All of this material was used in production.
b.	Direct-laborers worked 68,000hours at a rate of $19.00 per hour.
c.	Total variable manufacturingoverhead for the month was $655,200.
d.	Total advertising, sales salaries and commissions, and shippingexpenses were $364,000, $655,520, and $130,000, respectively. 1. What raw materials cost would be included in the company’sflexible budget for March? Raw Materials cost? 2. What is the materials quantity variance for March?(Input the amount as a positivevalue. Indicate the effect of each variance byselecting "F" for favorable, "U" for unfavorable, and "None" for noeffect (i.e., zero variance.).) Materials quanityvariance? 3. What is the materials price variance for March?(Input the amount as a positivevalue. Indicate the effect of each variance byselecting "F" for favorable, "U" for unfavorable, and "None" for noeffect (i.e., zero variance.).) Materials pricevariance? 4. If Preble had purchased 185,000 pounds of materials at $6 perpound and used 160,000 pounds in production, what would be thematerials quantity variance for March?(Input the amount as a positivevalue. Indicate the effect of each variance byselecting "F" for favorable, "U" for unfavorable, and "None" for noeffect (i.e., zero variance.).) Marterals Quanityvariance?