Tomm Industries, Inc. (SII), developed standard costs for direct material and direct labor. In 2020, SII estimated the following standard costs for one of their major products, the 10-gallon plastic container. Budgeted quantity of Direct materials is 0.10 pounds and Budgeted price of Direct materials is $30 per pound. Budgeted quantity of Direct labor is 0.05 hours and Budgeted price of Direct labor is $15 per hour. During April, SII produced and sold 5,000 containers using 490 pounds of direct materials at an average cost per pound of $32 and 250 direct manufacturing laborhours at an average wage of $15.25 per hour. April's direct material flexible-budget variance is: $680 unfavorable $300 favorable $980 unfavorable None of these answers are correct