This question refers to flexible-budget variance formulas with the following descriptions for the variables: A = Actual; B = Budgeted; P Price: Q - Quantity The flexible - budget variance for materials is $8,000 (U). The sales - volume variance is $23,000 (U). The price variance for material is $36,000 (F). The efficiency variance for direct manufacturing labor is $3,000 (F). Calculate the efficiency variance for materials O A $44,000 unfavorable OB. $23,000 unfavorable OC. $2,000 favorable OD $44.000 favorable This Question: 1 pt 7 of 10 (1 complete) This Quiz: 10 pts possible Dozen Bakery makes cupcakes and cookies. Dozen gathered the following information for the current year regarding its use of flour and butter (lour is a direct material for cupcakes and butter is a direct material for cookies): Flour (Direct Butter (Direct Materials) Materials) Cupcakes Cookies Standard quantity per batch 2 lbs 3 lbs. Standard price per pound of sugar $2.50/16 ? Actual quantity purchased and used per batch ? 4 lbs. (pounds) Actual price paid $3.00/1b $5.50/1b Price variance $300 U $1,200 U Quantity variance $500 F ? O A $200 unfavorable B. $800 favorable OC. $800 unfavorable OD $200 favorable This Question: 1 pt 7 of 10 (1 complete) This Quiz: 10 pts po Materials) Cookies 3 lbs. ? 4 lbs Materials) Cupcakes Standard quantity per batch 2 lbs. Standard price per pound of sugar $2.50/1b Actual quantity purchased and used per batch ? (pounds) Actual price paid $3.00/b. Price variance $300 U Quantity variance $500 F Flexible budget variance ? Number of units produced 350 What is the direct materials flexible budget variance for the flour in cupcakes? $5.50/1b. $1,200 2 $3,100 U 400 O A $200 unfavorable B. $800 favorable OC. $800 unfavorable OD. $200 favorable