dozen bakery makes cupcakes and cookies. Dozen gathered the following information for the current year regarding its use of flour and butter (flour is a direct material for cupcakes and butter is a direct material for cookies)

Flour(direct materials) cupcakes left numbers and question marks Butter(direct materials) cookies right side

Standard quantity per batch 5lb 4lbs

Standard price per pound $0.45 ?

Actual quantity purchased (AQP) and used per batch (pounds) ? 5lbs

Actual Price (AP) Paid .55/lb $7.00/lb

Price Variance $30 U $500 U

Quantity Variance $211 F ?

Flexible Budget Variance ? $2500 U

Number of units produced 280 300

What is the direct materials flexible budget variance for the flour in cupcakes?

1) $181 Favorable

2)$241 unfavorable

3)$241 Favorable

4)$181 unfavorable