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 2.9 $13.80 5,470 units 2.6 $14.00 5,190 units 1. What was the direct material static budget for 2016? Submit Answer 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)? Submit Answer Tries 0/2