Olliver Enterprises has collected the following data for one of its producte Direct materials standard is 50.53 per pound Actual Quantity Direct Materials Purchased: 39,000 pounds Actual Quantity Direct Materials Used: 34.000 pounds Actual Price paid per pound: 50.57 How much is the direct materials price variance! 51.560 untevole 51.30 unfavorable 51.360 favorable 51.560 favorable