D Question 20 3.33 pts E Company has developed the following standards for one of its products: Direct materials: 20 pounds at $4 per pound Direct labor: 5 hours at $18 per hour The following activities occurred during the month of October: Materials used: 220,000 pounds at $4.20 per pound Units produced: 10.000 units Direct labor: 51.000 hours at $17.70 per hour E Company's materials price variance would be: None of the answers are correct $44.000 favorable $44.000 unfavorable SO 3.33 pts Question 21