Cenent Industries, Inc. (), developed standard costs for direct material and direct labor. In 2017. On estimated the following Mandard costs for one of the major products, the 30-galon heavy-duty plastic container Budgeted quantity Budgeted price Direct materials 0.8 pounds $50 per pound Direct labor 0.1 hours $14 per hour During July, Gil produced and sold 4,000 containers using 3.400 pounds of direct materials at an average cost per pound of $45 and 400 direct manufacturing labor hours at an average wage of $14.40 per hour The direct material price variance during July is O A $20,000 unfavorable OB. $10,000 unfavorable O c. $17,000 unfavorable OD $17.000 favorable