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Question 29 7.2 pts Al Gross Packaging has collected the following data for its one product: Direct materials standard 10 pounds per unit Direct materials

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Question 29 7.2 pts Al Gross Packaging has collected the following data for its one product: Direct materials standard 10 pounds per unit Direct materials standard cost $0.75 per pound Actual material purchased cost $0.85 per pound Actual direct materials purchased 40,000 pounds 35,000 pounds Actual Quantity of Direct Materials Used 4,500 units Actual units produced What is the direct material price variance? O $3,500 unfavorable $3,500 favorable O $4,000 unfavorable O $4,000 unfavorable

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