Assistance with determining the price variance for the month -

la eompanv uses the following standard costs to produce a single unit of ourput. Direct materials 6 pounds at $11.90 per pound Hm Direct labor as hour at $12.00 per hour a Manufactiuing overhead 11.5 hour at taco per hour H During the latest month, the company.r ptuchased and used 53,130!) pounds of direct materials at a price of $1.00 per pound to produce Il units of output. Direct labor costs for the month totaled $56,351} based on 4,90!!! direct labor hours worked Variable mamd'acnrriag overhead costs incurred totaled SI soon and xed manufacturing overhead incurred was 51 neon. Based on this information, the direct materials price variance for the month was: A} 3 I .Dll favorable B} SEMI} unfavorable [3} $5,300 unfavorable D} 3] 300 favorable E} $1,300 unfavorable