ABC developed standard costs for direct material and direct labor. In 2017, ABC estimated the following standard costs for one of their maior products, the 30-gaton hay duty plastic container Budgeted quantity Budgeted price 0.30 hours $18 per hour Direct labor ABC produced and sold 4,000 containers using 600 pounds of direct materials at an average cont per pound of $26 and 1.200 direct manufacturing labor hours at en werage wage of $18.40 per hour. The direct manufacturing labor price variance is $516 favorable. $23,490 unfavorable. $15,120 unfavorable. $24,490 unfavorable