Question: Problem 4 (10 points) The following direct materials variance computations are incomplete. Fill in the missing values and identify the flexible budget variance as favorable

 Problem 4 (10 points) The following direct materials variance computations are

Problem 4 (10 points) The following direct materials variance computations are incomplete. Fill in the missing values and identify the flexible budget variance as favorable or unfavorable. Price variance = ($? - $5) x 4,000 pounds = $4,000 U Efficiency variance = (? - 3,800 pounds) x $5 = ? U Flexible budget variance = $

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