A. 5. The flexible budget variance for direct cost inputs can be further subdivided into a static-budget variance and a sales-volume variance sales-volume variance and an efficiency variance price variance and an efficiency variance static-budget variance and a price variance B. D. 6. Heavy Products, Inc. uses standard costs for direct material and direct labor. Budgeted quantity Budgeted price Direct materials 0.70 pounds $70 per pound During June, It produced and sold 25,000 units using 23,000 pounds of direct materials at a cost per pound of $75 The direct material price variance during June is A. $115,000 unfavorable B. $500,000 favorable C. $500,000 unfavorable D. $13,135 favorable 7. Lancelot Corporation manufactures tennis gear and uses budgeted machine hours to allocate variable manufacturing overhead. The following information relates to the company's manufacturing overhead data: Budgeted output units 3,000 units Budgeted machine hours 15,000 hours Budgeted variable manufacturing overhead costs for 3,000 units $180,000 3,350 units 14,700 hours $250,000 Actual output units produced Actual machine-hours used Actual variable manufacturing overhead costs What is the flexible budget variance for variable manufacturing overhead? A. $49,000 favorable B. $49,000 unfavorable C. $70,000 unfavorable D. $70,000 favorable