Joiner Corporation recently purchased 41,000 gallons of direct material at $6.50 per gallon. Usage by the end of the period amounted to 39,000 gallons. If the standard cost is $7.30 per gallon and the company believes in computing variances at the earliest point possible, the direct-material price variance would be calculated as: Multiple Choice O $31,200 F. O $32,800 F. O $32,800 U. O $1,600 F. O $31,200 U