Direct Materials(measured in pounds) Budgeted direct material cost per pound $25 $26 Actual direct material cost per pound Budgeted direct material per unit Actual direct materials used Actual units of output 3 pounds 8,300 pounds 2,770 units What is the direct material price variance? A) $8,300 Favorable OB) $250 Favorable C) $250 Unfavorable D) $8,300 Unfavorable