In June, Pharoah Manufacturing purchased 6600 gallons of blue dye used to produce stone-washed denim clothing. The price per gallon was $1.25 and the company used 6000 gallons of the dye during the month. The standard price for the dye is $1.28. What is the materials price variance for Pharoah for June? Select answer from the options below $198 favorable $198 unfavorable $180 favorable $180 unfavorable