Question 3 of 8 - /1 View Policies Current Attempt in Progress A company developed the following per-unit standards for its product: 2 pounds of direct materials at $12 per pound. Last month, 2000 pounds of direct materials were purchased for $7600. The direct materials price variance for last month was O $16400 unfavorable. O $16400 favorable. O $7600 favorable. O $8200 favorable. eTextbook and Media Attempts: 0 of 1 used Submit Answer Save for Later