5. Task Master Enterprises employs a standard cost system in which direct materials inventory is carried at standard cost. Task Master has established the following standards for the prime costs of one unit of product. Direct Materials Standard Quantity 8 pounds 25 hour Standard Price $1.80 per pound $8.00 per hour Standard Cost $14.40 200 Direct Labor $16.401 During November, Task Master purchased 160,000 pounds of direct materials at a total cost of $304,000. The total factory wages for November were $42,000, 90% of which were for direct labor. Task Master manufactured 19,000 units of product during November using 142,500 pounds of direct materials and 5,000 direct labor hours. What is the direct materials price variance for November? $14,250 U $14,400 U 516,000 U O $17.100