A company developed the following per-unit standards for its product: 2 pounds of direct materials at $10.00 per pound. Last month 2000 pounds of direct materials were purchased for $13300 and entered into production. The direct materials peice variance for last. month was $6700 favorable. $6700 unfavorable. $3350 favorable. $13300 favorable. A company developed the following per-unit standards for its product: 2 pounds of direct materials at $10.00 per pound. Last month 2000 pounds of direct materials were purchased for $13300 and entered into production. The direct materials peice variance for last. month was $6700 favorable. $6700 unfavorable. $3350 favorable. $13300 favorable