Puget Company has gathered the following information about its purchase and use of raw materials for December: Standard Price (SP) per pound of raw material $10.00 $9.50 1,200 Actual purchase price per pound of raw material Standard Quantity Allowed (SQ.A for actual production (pounds) Actual Quantity (AQ) of raw materials purchased (pounds) 1,450 Puget Company uses a standard cost system. What is the materials price variance? OA. OB. O C. $600 unfavorable O D. $600 favorable $725 favorable $725 unfavorable