Genent Industries, Inc. (GII), develоped stаndаrd cоsts fоr direct mаterial and direct labour. In 2020, GII estimated the following standard costs for one of their major products, the 30-gallon heavy-duty plastic container. Budgeted quantity Budgeted price Direct materials 0.60 pounds $20 per pound Direct labour 0.30 hours $14 per hour During July, GII produced and sold 4,000 containers using 2,700 pounds of direct materials at an average cost per pound of $19 and 1,290 direct manufacturing labour hours at an average wage of $14.30 per hour.The direct manufacturing labour flexible-budget variance during July is