3. Hushovd Iron Works has collected the following data for its Thunderbolt line of products. Direct materials standard 10 pounds per unit Direct materials standard cost $0.75 per pound Actual material purchased cost $0,85 per pound Actual direct materials purchased 40.000 pounds Actual Quantity (AQ) of Direct Materials Used KAQU) 35,000 pounds Actual finished goods produced 4.500 units What is the direct material price variance? A) $4,000 favorable B) $4,000 unfavorable C) $3,500 favorable D) $3,500 unfavorable