Kraft adopts a standard cost system, which specifies that each product uses a standard of 1 pound direct materials and direct materials' standard price is $26 per pound. Kraft produced 4,790 units of products in May. In that month, 5.030 pounds of direct materials were purchased and used at the total cost of $142,000. Calculate the direct materials price variance. Multiple Choice $11,220 unfavorable $17,460 unfavorable $27,780 unfavorable