Information concerning Johnston Co.'s direct materials costs is as follows: Standard price per pound Actual quantity purchased Actual quantity used in production Units of product manufactured Materials purchase-price variance-favorable Budget data for the period: Units to manufacture Units of direct materials $ 6.65 2,900 pounds 2,800 pounds 720 $ 875 1,020 4,080 pounds The direct materials usage variance for the period, rounded to two decimal places, is: $397.00 unfavorable. $532.00 unfavorable. $532.00 favorable. $397.00 favorable. $742.00 favorable