Questions 1 and 2 refer to the following information The following information is for direct material cost for X Company for 2016: Budgeted pounds per unit of product Budgeted cost per $14.00 pound 2 5,250 units Budgeted production Actual pounds per unit of product Actual cost per pound $14.20 1.9 4,390 units Actual production 1. What was the direct material static budget for 2016? ) Tries 0/2 2. What was the direct material flexible budget variance for 2016 (a positive number means a favorable variance; a negative number means an unfavorable variance)