Hushovd Iron Works has collected the following data for its Thunderbolt line of products: Direct materials standard Direct materials standard cost Actual material purchased cost Actual direct materials purchased Actual Quantity (AQ) of Direct Materials Used (AQU) Actual finished goods produced 5 pounds per unit $0.82 per pound $0.90 per pound |40,000 pounds 25,000 pounds 4200 units What is the direct material price variance