Moving to another question will save this response Questions Genent Industries, Inc. (GH), developed standard costs for direct material and direct labor. in 2015, Gestimated the following, standard cost heavy-duty plastic container, Hudgeted quantity Budgeted price Direct materials 0 20 pounds $30 per pound Direct labor 0.70 hour $17 per hour During July, Gil produced and sold 4000 containers using 1000 pounds of direct materials at an average cost per pound of 29 and 2880 wage of $17.30 per hour. July's direct material flexible-budget variance is $5000 unfavorable $6000 favorable $0 $6800 unfavorable