Baskets Inc. gathered the following actual results for the current month: Actual amounts nits produced 5800 Direct materials purchased and used (7600 lbs.) $60,800 Budgeted production and standard costs were: Budgeted production 4700 units 2.0 Ibs/unit at $3/lb. Direct materials What is the direct materials quantity variance? A) $38,000 unfavorable B) $12,000 unfavorable C) $38,000 favorable D) $12,000 favorable