Mayan Products Corporation uses a standard cost system. The company has established the following standard for the materials costs of one unit of product: Standard Quantity 6.0 pounds * Standard Price $ 6.30/pound Standard Cost $37,80 During April, the company purchased 158,000 pounds of direct material at a total cost of $1,011,200. The company manufactured 18,000 units of product during April using 108,720 pounds of direct materials. What is the materials price variance for April? (Do not round intermediate calculations.) Your instructor has provided the following variance formulas for you: Direct Materials Variances Materials Price Variance: Materials Quantity Variance: AQ(AP-SP) SP(AQ-SQ) Multiple Choice $10,872 unfavorable $15,800 favorable $15,800 unfavorable $10,872 favorable