Question Completion Status: QUESTION 33 0.62 Genent Industries, Inc. (Gll), developed standard costs for direct material and direct labor. In 2017, GIl estimated the following standard costs for one of their major products, the 30-gallon heavy-duty plastic container. Budgeted quantity Direct materials 0.30 pounds and Budgeted price $50 per pound. Budgeted quantity Direct labor 0.60 hours and Budgeted price $12 per hour. During July, GIl produced and sold 4,000 containers using 1,350 pounds of direct materials at an average cost per pound of $48 and 2,450 direct manufacturing labor hours at an average wage of $12.25 per hour. July's direct material flexible-budget variance is $7,500 favorable $9,900 unfavorable $0 $4,800 unfavorable QUESTION 34 0.8 Goodard Inc. planned to use $153 of material per unit but actually used $140 of material per unit, and planned to make 1,100 units but actually made 940 units. The flexible-budget amount