22. Jackson Industries uses a standard cost system in which direct materials inventory is carried at standard cost. Jackson has established the following standards for one unit of product:

	Standard Quantity or Hours		Standard Price or Rate		Standard Cost Per Unit
Direct materials	5	pounds	$5.70	per pound	$28.50
Direct labor	3.10	hours	$12.00	per hour	$37.20

During May, Jackson purchased 155,900 pounds of direct material at a total cost of $919,810. The total factory wages for May were $1,037,300, 90 percent of which were for direct labor. Jackson manufactured 28,000 units of product during May using 136,100 pounds of direct material and 87,300 direct labor-hours. The price variance for the direct material acquired by Jackson Industries during May is:

A. $27,780 Favorable

B. $31,180 Unfavorable

C. $34,180 Favorable

D. $27,780 Unfavorable