ABC bakery makes special cakes. The standard (Budget) quantity of cake mix for each cake is 2 pounds. The company uses a standard (budget) cost of $3 per pound of the cake mix. ABC plans to make 900 cakes. ABC actually produced and sold 800 cakes in May. In that month, 2400 pounds of cake mix were actually purchased. The actual cost is $4 per pound of the cake mix (1) Is the direct material quantity variance? A. Favorable B. Unfavorable (2) What Is the direct material quantity variance? A. 1300 B. not enough information C. 1200 D. 2400 E. 2000