Cost standards for product A: Direct material 3 pounds at $2.50 per pound $ 7.50 Direct labor 5 hours at $7.50 per hour 37.50 Actual results: Units produced 7,800 units Direct material purchased 25,000 pounds at $2.60 $ 65,000 Direct material used 23,100 pounds at $2.60 60,060 Direct labor 40,100 hours at $7.30 292,730 1. The direct material price variance is: A. $2,000F. B. $2,300F. C. $2,000U. D. $2,500U.