Cabot Company collected the following data regarding production of one of its products. Compute the direct materials cost variance. Direct material; standard (6lbs @ $2/lb.): $12 per finished unit Actual direct materials used: 243,000 lbs. Actual finished units produced: 40,000 units Actual cost of direct materials used: $483,570

a	$6,000 favorable
b	$3,570 unfavorable
c	$2,430 favorable
d	$6,000 unfavorable