Question 21 The question below is based on the following information. Chem King es standard costing system in the manufacture of its single product. The 28.000 units of raw material purchased and used cost $105,000, and two units of raw material are required to produce one unit of final product in November, the company produced 12,000 units of product. The flexible budget for material was $60,000, and there was an unfavorable static budget variance of $35,000. Question 21 The question below is based on the following information. Chem King es standard costing system in the manufacture of its single product. The 28.000 units of raw material purchased and used cost $105,000, and two units of raw material are required to produce one unit of final product in November, the company produced 12,000 units of product. The flexible budget for material was $60,000, and there was an unfavorable static budget variance of $35,000