Oliver Enterprises has collected the following data for one of its products: Direct materials standard (7 pounds per unit @ $0.52/lb.) Actual direct materials purchased Actual Direct Materials Used (AQU) Actual Price (AP) paid per pound $3.64 per finished good 40,000 pounds 22,000 pounds $0.61 How much is the direct materials price variance? A. $3,600 unfavorable B. $3,600 favorable C. $1,980 unfavorable D. $1,980 favorable