Taylor Swift anticipated producing 250,000 CDs for her new album, Folklore. However, due to Taylor's extreme popularity, she actually sold 320,000 CDs. Actual direct materials costs were $264,000, which resulted in a $8,000 favorable flexible budget variance. If Taylor Swift had used a static budget, what would thewariance be? $51,500 Unfavorable $8,000 Favorable $59,500 Unfavorable O $57,750 Unfavorable None of the above