QUESTION 1 Company X's budget for 2019 Q1 (for one unit): Direct materials 7 gallons at $6 per gallon Direct manufacturing labor 11 hours at $12 During 2019 Q1, company X produced 2,100 units; purchased and used 14,000 gallons of DM costing $81,200. Direct labor totaled 23,600 hours for $306,800. Calculate the direct materials price variance for 2019 Q1 = $ 2800 (use integer only: 3000 not 3,000) QUESTION 2 Given the information below, calculate: The static budget revenue (a) = $ The flexible budget revenue (b) = $ (use integer only: 3000 not 3,000) (use integer only: 3000 not 3,000) Revenue Static Budget Sales- Volume Variance Flexible Budget Flexible Budget Variance Actual (a) $260 U (b) $300 F $4,612 Note: "F" denotes favorable variance; "U" denotes unfavorable variance QUESTION 3 Given the information below, calculate: The flexible budget fixed costs (c) = $ The flexible budget variance for fixed costs (d) = $ The flexible budget variance for fixed costs (d) is Fixed Costs (use integer only: 3000 not 3,000) (use integer only: 3000 not 3,000) Please enter "F" for favorable variance or "U" for unfavorable variance Static Budget Sales- Volume Variance Flexible Flexible Budget Budget Variance Actual $854 (c) (d) $798 Note: "F" denotes favorable variance; "U" denotes unfavorable variance