Question 15 A company developed the following per-unit standards for its product: 5 kilograms of direct materials at $3.10 per kilogram. Last month, 1000 kilograms of direct materials were purchased for $2990. Also last month, 750 kilograms of direct materials were used to produce 130 units. What was the direct materials price variance for last month? $12820 favourable O $110 favourable 0 $12820 unfavourable $110 unfavourable