Consider the following information:

Direct material purchased and used, 80,000 gallons

Standard quantity of direct material allowed for May production, 76,000 gallons

Actual cost of direct materials purchased and used, $176,000

Unfavorable direct-material quantity variance, $9,400

The direct-material price variance is:

	$11,400F.
	$11,400U.
	$12,000F.
	$12,000U.
	None of these.