Empty Company maintains no inventories and has the following data pertaining to one of its direct materials in July: 3 Standard quantity of direct materials for the units manufactured (SQ) Direct materials purchases-actual cost Standard price per unit of direct materials (SP) Direct material efficiency variance-favorable 30,100 $ 93,000 $ 3.00 $ 4,600 All materials purchased during the month were issued to production. What was the company's direct materials flexible-budget (FB) variance for July? Multiple Choice $1,900 favorable $2.700 unfavorable $2,700 favorable. $7,300 unfavorable. $7,300 favorable