Marigold Company has developed the following standards for one of its products. Direct materials: Direct labor Variable overhead 10 pounds x $12 per pound 4 hours x $20 per hour 5 hours x $10 per hour The following activity occurred during the month of October: Materials purchased: Materials used: Units produced: Direct labor 10,000 pounds costing $150,000 6,000 pounds 500 units 2,300 hours at $23.60/hour variances at the time of purchase. The direct materials price variance is: The company records materials price O a. $53,0o0 u. Ob. $30,000 U. Oc, $12,000 F. Od. $41,000 F