Direct materials Direct labor Manufacturing overhead 5 pounds at $1.10 per poundS5.50 0.5 hour at $10.00 per hour 0.5 hour at $4.10 per hour$2.05 S5.00 During the latest month, the company purchased and used 46,000 pounds of direct materials at a price of $1.30 per pound to produce 10,000 units of output. Direct labor costs for the month totaled $47142 based on 4,860 direct labor hours worked. Variable manufacturing overhead costs incurred totaled $15,500 and fixed manufacturing overhead incurred was $14,000. Based on this information, the total direct materials cost variance for the month was: Multiple Choice $4,800 unfavorable $4,800 favorable $9.200 favorable $9,200 unfavorable $4.400 favorable