DEF Corporation presents the variance report as follows:

Def Corporation Variance report - Purchasing Department Period January 2022 Material Type Quantity Actual price Standard Price Price Variance Rogue 11 ? lbs 5.15 4.95 4.820 Storm 17 4,800 oz ? 3.2 1,200 Unfaforable Beast 29 21,500 units 0.35 ? 1,075 Favorable