Naquin Products, Inc. developed standard costs for direct material and direct labor, in 2020, Naquin estimated the following standard costs for one of their major products, the 10 gallon plastic container. Budgeted quantity Budgeted price Direct materials 0.70 pounds $100 per pound Direct labor 0.10 hours $35 per hour During June, Naquin Products produced and sold 15,000 containers using 20,000 pounds of direct materials at an average cost per pound of $106 and 10,500 direct manufacturing labor hours at an average cost of $36.25 per hour. The direct material price variance during June is: Select one A. $1,070,000 favorable B. $120,000 unfavorable C. $13,125 favorable D. $1,070,000 unfavorable