Question 46 A company employs a standard cost system in which direct materials inventory is carried at standard cost. The company has established the following standards for the proces Standard Quantity Standard Price Duet Materials To Do 'nds 0.20 hour 11.00 per $ 8.00 per pound Standard Cost 5 00 1.6 0 1 20 Director hour During November, the company purchased 200.000 pounds of direct materials at a total cost of $40,000. The total factory wages for November were $4.000, son of which were for director The company manufactured 1.000 units of product during November using 175.000 pounds of direct materials and to direct labor hours What is the direct material price variance for November 2500 152.500 $19.000 Monother question will save this response