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in bausy 2022. TNO lis produced 105 unis of Product 2 During the month, TWD purchased 720 pounds of matidia for 53100 they used al the materias to complete the production of the 105 units of Product 2 The tadadrd pice bor materia is 4.75 per pound and the standard quandity is 7.2 pounds per unit of Product 2 . Laco dangards wete at thee (3) hours per unit atardete of \$11.50 per hour. Actual labor costs were $12.00per hwi, and 310 hous were required to produce the 105 units. Pequited. 1. 12 poins Sompite the price ( ptee) usage (cficilene) and total flexible budget variances for materials and thortor hhe month of lanusry. Plesse indicteil the variance is fororable or unfavorable. Plese sumarieyourresuts in the folowino nesims