A manufacturer planned to use $89 of materials per unit produced, but in the most recent period it actually used $87 of material per unit produced. During this same period, the company planned to produce 1,970 units, but actually produced only 1,700 units. The flexible-budget variance for materials is:

Multiple Choice

$3,400 favorable.

Impossible to determine without additional information.

$20,090 unfavorable.

$24,030 unfavorable.

$3,940 unfavorable.