Question 150 Question 15 3 points Robb Industries Inc. (RID) developed standard costs for direct material and direct labor. In 2004. Ril estimated the following standard costs for one of their major products, the 10-gallon plastic container Budgeted quantity Budgeted price Direct materials 0.10 pounds $30 per pound Direct labor 0.05 hours 515 per hour During June Ril produced and sold 5.000 containers using 490 pounds of direct materials at an average cost per pound of 532 and 250 direct manufacturing labor hours at an average wage of $15.25 per hour June's direct manufacturing labor price variance is A $62.50 unfavorable 62.50 favorable O C51011.75 unfavorable none of the above