A D Question 12 The Weasley's is a local clothing manufacturer that makes men's dress pants. Below is some actual vs. budget information for The Weasley's pants for the month of May. Assume no beginning/ending inventories for simplicity. The cost-allocation base for both variable and fixed overhead is direct labor-hours. Data for the Month of May Static (1 unit = 1 pair of pants) Actual Budget # Pairs pants made and sold 4.625 4,300 Selling price per pair $47 $49 Yards of fabric per pair 2.1 2.0 Cost per yard of fabric $3.89 $4.51 Time in hours to sew one pair 0.65 0.75 Cost of direct labor (per hour) $17 $16 Variable overhead costs $3,825 $3,200 MacBook Pro cas X 2.1 2.0 Yards of fabric per pair $3.89 $4.51 Cost per yard of fabric 0.65 0.75 Time in hours to sew one pair $17 $16 Cost of direct labor (per hour) Variable overhead costs $3,825 $3.200 (utilities sewing machine maintenance, etc.) Fixed overhead costs $9,000 $8,600 (store rent, insurance, etc.) What is the flexible budget variance for direct materials? ] $7453.68 U $3,935.88 F $7.453.68 F $3,935.880