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The following information is for direct material cost for X Company for 2016: Budgeted pounds per unit of product Budgeted cost per pound Budgeted production

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The following information is for direct material cost for X Company for 2016: Budgeted pounds per unit of product Budgeted cost per pound Budgeted production Actual pounds per unit of product Actual cost per pound Actual production 3.5 $13.40 5,570 units 3.3 $13.60 4,400 units 1. What was the direct material static budget for 2016? Submit Answer Tries o/ 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)? Submit Answer Tries 0/2

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