James Inc.'s flexible budget for June, based upon actual output, called for the use of 10,500 pounds of materials at a standard cost of S7.40 per pound. The Production Department actually used 10,700 pounds of materials costing S7.10 per po und during June 16. James's materials price variance for J A. $3,150 unfavorable B. $3,150 favorable C. $3,210 unfavorable D. $3,210 favorable une is 17. The materials quantity variance for James's June operations is A. $3,150 favorable B. S3,210 unfavorable C. $1,480 unfavorable D. $3,210 favorable 18. The account Finished Goods A. Consists of completed goods that have not yet been sold B. Consists of goods being manufactured that are incomplete C. Consists of the cost of new materials used, labor but not overhead D. Consists of materials to be used in the production process