Use the following information to answer the next three questions Bill's Furniture Corporation produces furniture, it expects that the cost of direct materials per unit will amount to $34.00. Bill's Furniture Corporation expected to produce 2,200 pieces of furniture last month; however, actual production totaled 2,400 pieces of furniture. The actual cost of direct materials per unit amounted to $41.00 1. What is the master (static) budget variance for direct materials? Indicate whether the variance is favorable or unfavorable