Information concerning Johnston Company's direct materials costs is as follows:

Standard price per pound $ $7\mathrm{.}05$

Actual quantity purchased $3,050$ pounds

Actual quantity used in production $2,950$ pounds

Units of product manufactured $760$

Materials purchase$-$price variance$$favorable $ $915$

Budget data for the period:

Units to manufacture $1,060$

Units of direct materials $4,240$ pounds

The direct materials usage variance for the period is:

Multiple Choice

A$.$ $$634\mathrm{.}50$ favorable.

B$.$ $$634\mathrm{.}50$ unfavorable.

C$.$ $$459\mathrm{.}50$ favorable.

D$.$ $$844\mathrm{.}50$ favorable.

E$.$ $$459\mathrm{.}50$ unfavorable.