Genent Industries, Inc. (GII), developed standard costs for direct material and direct labor. In 2020, GII estimated the following standard costs for one of their major products, the 30-gallon heavy-duty plastic container. Budgeted quantity Budgeted price Direct materials 0.7 pounds Direct labor 0.2 hours $50 per pound $12 per hour During July, Gll produced and sold 3,000 containers using 2,250 pounds of direct materials at an average cost per pound of $48 and 625 direct manufacturing labor hours at an average wage of $12.50 per hour. The direct material efficiency variance during July is OA. $3,000 unfavorable OB. $3,000 favorable OC. $7,200 favorable D. $7,500 unfavorable