For each unit of finished products, Dolphin Ceramics has a standard usage of 1 pound direct materials. Direct materials have a standard price of $25 per pound. In April, Dolphin Ceramics produced 4,780 units and paid $138,000 for 5,040 pounds direct materials. Calculate the direct materials price variance. Multiple Choice $12,000 unfavorable $18,500 unfavorable $29,600 unfavorable $11,100 favorable