A company developed the following per-unit standards for its product: 5 kilograms of direct materials at $3.00 per kilogram. Last month, 1000 kilograms of direct materials were purchased for $2870. Also last month, 680 kilograms of direct materials were used to produce 133 units. What was the direct materials price variance for last month?

$130 favourable $12130 favourable $12130 unfavourable $130 unfavourable