Heavy Products, Inc. (HPI) developed standard costs for direct material and direct labor. In 2020, HPI estimated the following standard costs for one of their major products, the 10-gaon plastic container Budgeted quantity Budgeted price. Direct materials Direct labor 0.17 1 pounds 0.05 hours $60 per pound $15 per hour During June, Heavy Products produced and sold 17,000 containers using 2,500 pounds of direct materials at an average cost per pound of $62 and 1,700 direct manufacturing labor-hours at an average wage of $16.25 per hour June's direct material flexible-budget variance is, OA $53,000 unfavorable OB. $5,000 favorable OC $2,125 favorable OD. $34,000 unfavorable