A company uses the following standard costs to produce a single unit of output Direct materials Direct labor Manufacturing overhead 7 pounds at $0.80 per pound = 0.5 hour at $9.00 per hour = 0.5 hour at $3.00 per hour = $ 5.60 $ 4.50 $ 1.50 During the latest month, the company purchased and used 67,000 pounds of direct materials at a price of $1.10 per pound to produce 10,000 units of output. Direct labor costs for the month totaled $41,565 based on 4,890 direct labor hours worked. Variable manufacturing overhead costs incurred totaled $12,000 and fixed manufacturing overhead Incurred was $10,000. Based on this information, the total direct materials variance for the month was: () $20,100 unfavorable O $2,400 favorable (0) $20,100 favorable O $17,700 unfavorable () $17,700 favorable