Baskets Inc. gathered the following actual results for the current month:

Actual amounts:
Units produced	5,200
Direct materials purchased and used (7,300 lbs.)	$29,200

Budgeted production and standard costs were:

Budgeted production	4,800 units
Direct materials	1.5 lbs/unit at $3/lb.

What is the direct materials price variance?

A.

$5,200 unfavorable

B.

$7,300 favorable

C.

$7,300 unfavorable

D.

$5,200 favorable