Trek manufactures bicycles it plans to sell tox $800 each. The bicycles rein bed each (which is the only direct material, and Trek bulets to purchase with $10/b. The bicycles require 2 hours of labor, which Trek belevet unter hoste company plans to sell 50,000 bicycles this year, Actual performance was a bit different than planned. Trek ucally ended up weling for $600 each. Additionally, the company actually spent a total of $5.000.000 dinara 500,000 pounds of aluminum. Trek actually spent 52,050,000 on direct we do $24/hour. Flex Budget 50.000 Actual Units 45,000 Selling Price $600 $800 $40,000,000 $5.000.000 Sales Revenue $27,000,000 Direct Materials $5,000,000 Expense $2.500.000 $32.500.000 Direct Labor $2,050,000 Expense Operating $19.950,000 Income What is the Budget Variance? Please enter a positive number for your to indicate whether the variance is favorabile or untavorable 8 08