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 $9.00 per pound Direct labor: 3 hours at $15 per hour Variable overhead: 3 hours at $6 per hour Total standard variable cost per unit The company also established the following cost formulas for its selling expenses: Advertising Sales salaries and commissions Shipping expenses Fixed Cost per Month $36.00 45.00 18.00 $99.00 $ 210,000 $ 120,000 Variable Cost per Unit Sold $ 13.00 $ 4.00 The planning budget for March was based on producing and selling 26,000 units. However, during March the company actually produced and sold 31,000 units and incurred the following costs: a. Purchased 155,000 pounds of raw materials at a cost of $7.20 per pound. All of this material was used in production. b. Direct-laborers worked 56,000 hours at a rate of $16.00 per hour. c. Total variable manufacturing overhead for the month was $524,720. d. Total advertising, sales salaries and commissions, and shipping expenses were $220,000, $460,000, and $125,000, respectively. If Preble had purchased 171,000 pounds of materials at $7.20 per pound and use 55,000 pounds in production, what would be the materials quantity variance for arch? (Indicate the effect of each variance by selecting "F" for favorable, "U" fc favorable, and "None" for no effect (ie zero variance) Input the amount

Standard quantity allowed = Actual units*Standard quantity per unit Materials quantity variance = (Actual quantity used - Standard quantity)*Standard priceStandard quantity allowed = Actual units*Standard quantity per unit Standard quantity allowed = 31,000*4 Standard quantity allowed =124,000 Materials quantity variance = (Actual quantity used - Standard quantity)*Standard price Materials quantity variance = (155,000 - 124,000)*$9.00 Materials quantity variance = $279,000 Unfavorable