KULLIUR 17 Punis The following information is for Euclid Corporation: Direct Materials(measured in pounds) $25 Budgeted direct material cost per pound Actual direct material cost per pound Budgeted direct material per unit Actual direct materials used Actual units of output $26 3 pounds 8,300 pounds 2.770 units What is the direct material price variance? A) $250 Favorable B) $8,300 Favorable C) $250 Unfavorable D) $8.300 Unfavorable