utatic bugget and actial results for drect inpits are as foliows. Data table More info Catol Des has s poicy of ardycang al irput virinces wfen they add up to more. thin dsict the blal oove of materias and labor in the farible bodgel, and thes is trio in May 2017. The producton maragor decussed the bocioes of the variances "A new tope of itweeris eas puethased in May. This ied lo tatier culting and with is For fow the sandaris are line " Begin by calculating the direct materials and direct manut: tfing labor price and etticiency variances in May 2017 . Complete the actual rosults, ptice variance, and cost columns, then the efficiency variance and flexible budgut columns. Label each variance as tavorable or unfavorable, (Round all answers to the nearest cent.) The total flexible-budget variance for both inputs (direct materials and direct manufacturing labor) combined is s. This variance is \% of the total cost of direct materials and direct manufacturing labor in the flexible budgel. (Round the variance to the nearest cont and the percentage to two decimal places, %.) Requirement 2. Comment on the May 2017 results. Would you continue the "experiment" of using the new material? A. Efficiencies have improved in the direction indicated by the production manager. Carol Dee should not continue to use the new materiai, though, since the overall efficiency variance is still unfavorable. B. Efficiencies have improved in the direction indicated by the production manager-but, it is unclear whether they are a frend or a one-time ocourrence. Carol Dee should continue to use the new material, especially in light of its superior quality and foel; but it may want to ro-examine the standard material price since the new material costs more than the old. c. Efficiencies have improved in the direction indicated by the production manager but Carol Dee should not continue to use the new material. Use of the ner