The following information is for direct material cost for X Company for 2016:

Budgeted pounds per unit of product		3.8
Budgeted cost per pound		$10.50
Budgeted production		5,830 units
Actual pounds per unit of product		3.3
Actual cost per pound		$10.70
Actual production		6,090 units

1. What was the direct material static budget for 2016?

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)?