Koko Company Ltd has set the following direct material standards per unit of product: 2.5 kg $3.00 per kg. During April, actual direct material purchased is 8000 kg at a cost of $3.10 per kg. Direct materials used amounted to 7600 Actual production was 3000 units. Determine Koko's direct material price variance. Select one: O $8000 0 $300 U O $300 F 5800 F