A company uses the following standard costs to produce a single unit of output Direct materials Direct labor Manufacturing overhead 6 pounds at $1.00 per pound 0.5 hour at $8.00 per hour 0.5 hour at $4.10 per hour $6.00 $4.00 - 92.05 During the latest month, the company purchased and used 58,000 pounds of direct materials at a price of $1.20 per pound to produce 10,000 units of output Direct labor costs for the month totaled $36.729 based on 4770 direct labor hours worked. Variable manufacturing overhead costs incurred totaled $16,500 and fixed manufacturing overhead incurred was $14,000. Based on this information, the direct materials price variance for the month was O $8,000 unfavorable O O $11,600 unfavorable O $13,600 favorable O $2,000 favorable O $13,600 unfavorable