In June, Crane Manufacturing purchased 6200 gallons of blue dye used to produce stone-washed denim clothing. The price per gallon was $1.21 and the company used 5600 gallons of the dye during the month. The standard price for the dye is $1.24. What is the materials price variance for Crane for June?

$186 unfavorable

$168 unfavorable

$168 favorable

$186 favorable