A company uses the following standard costs to produce a single unit of output. Direct materials Direct labor Manufacturing overhead 6 pounds at $0.80 per pound 0.6 hour at $8.00 per hour 0.6 hour at $4.00 per hour - = = $4.80 $4.80 $2.40 During the latest month, the company purchased and used 58,000 pounds of direct materials at a price of $1.00 per pound to produce 10,000 units of output. Direct labor costs for the month totaled $44,460 based on 5,850 direct labor hours worked. Variable manufacturing overhead costs incurred totaled $21,000 and fixed manufacturing overhead incurred was $13,000. Based on this information, the total direct materials cost variance for the month was: Multiple Choice $10,000 unfavorable $10,000 favorable