7.5-8a Question Help Heavy Products, Inc. developed standard costs for direct material and direct labor. In 2017, All estimated the following standard costs for one of their major products, the 10-gallon plastic container. Budgeted quantity Budgeted price Direct materials 0.7 pounds $70 per pound Direct labor 0.15 hours $15 per hour During June, Heavy Products produced and sold 20,000 containers using 19,000 pounds of direct materials at an average cost per pound of 573 and 14,000 direct manufacturing labor - hours at an average wage of $16.56 per hour. The direct material price variance during June is A. $407,000 unfavorable B. $57,000 unfavorable OC. $21,840 favorable D. $407,000 favorable