Question 23 5 y Chapter 10 Diana Industries, Inc. om developed standard costs for direct material and direct labor, in 2010, D estimated the following standard costs for one of their major products, the 10-pallon plastic container Budgeted quantity Budgeted price Direct materials 0.10 pounds $30 per pound Direct labor O.Os hours $15 per hour During June, Dll produced and sold 10,000 containers using 980 pounds of direct materials at an average cont per pound of $32 and 500 direct manufacturing labor-hours at an average wage of $15.25 per hour. June's direct manufacturing labor price (rate) variance is: $125 unfavorable $0 variance $125 favorable $7,623.50 unfavorable MacBook Air