Genent industries nc Gli developed standard costs for direct material and direct a or. n 2017 GI es mate the products, the 30 -gallon heavy duty plastic container wing Standard st ?one r alor Budgeted quantity. 0.7 pounds 0.6 hours Budgeted price $40 per pound $11 per hour Direct materials Direct labor During July, Gll produced and sold 3,000 containers using 2,300 pounds of direct materials at an average cost per pound of $35 and 1,850 direct manufacturing labor hours at an average wage of $11.40 per hour The direct material price variance during July is_ OA. $15,000 unfavorable OB. $11,500 unfavorable C. $11,500 favorable O D. $8,000 unfavorable