ABC,Co. uses a standard costing system in the manufacture of its single product. The 35,000 units of raw material purchased and used cost $105,000, and two units of raw material are required to produce one unit of final product. In November, the company produced 12,000 units of product. The budgeted production for November was 14,000 , and there was an unfavorable static budget variance of $35,000. What was ABC 's direct materials price variance? Show your work to receive partial credit