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Billi Inc. had a static budget for direct materials per unit of $153 with the number of units budgeted at 1,100 units. But it actually

Billi Inc. had a static budget for direct materials per unit of $153 with the number of units budgeted at 1,100 units. But it actually used $140 of material per unit and produced only 940 units. The flexible-budget variance for materials is ________.

$12,220 Favorable

$12,220 Unfavorable

$36,700 Favorable

$36,700 Unfavorable

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