Consider the following data for a manufacturing company. Compute the price variance for materials. Standard inputs allowed for actual output x standard prices Costs incurred Actual Inputs x standard prices Direct Direct Materials Labor $ 59,000 $ 95,000 $ 58,000 $100,000 $ 61,000 $ 98,000 $1,000 favorable b. $2,000 unfavorable $3,000 unfavorable $2,000 favorable e. $1,000 unfavorable f. $3,000 favorable