2 pounds at 350 per pound $7.00 Actual results: Units produced 23,680 units Direct material purchased 52,000 pounds at $3.25 per pound $169,000 Direct material used 48.400 pounds at $3.25 per pound $157,300 The direct-material price variance is: $ 12,600 Favorable O $3,240 Unfavorable O $ 13,000 Favorable O $8,460 Favorable Direct Maier 550.000 Direct Labor $ 300,000 530 Variable manufacturing overhead (actual and applied $ 200,000 5 20 Fixed manufacturing overhead (actual and applied) $ 230,000 $ 23 Variable selling costs $ 40,000 $ 4 Fixed selling costs $70,000 $ 7 What is the unit cost of inventory under absorption and variable costing? O $ 89 for absorption costing and $ 55 for variable costing O $ 78 for absorption costing and $ 55 for variable costing O $55 for absorption costing and $ 32 for variable costing $ 89 for absorption costing and $ 78 for variable costing