James Incorporateds flexible budget for June, based upon actual output, called for the use of 11,000 pounds of material at a standard cost of 7.90 per pound. The Production Department actually used 11,200 pounds of materials costing 7.60 per pound during June.

What is Jamess materials price variance for June?

a) 3, 300 unfavorable

b) 3,300 favorable

c) 3,360 unfavorable

d) 3,360 favorable