Roncy Manufacturing uses enhanced powder plastics (EPP) to manufacture a high-pressure board, Dura-Plastic. Information concerning its operation in June was as follows:

Master Budget units of Dura-Plastic to manufacture		8,300
Units of Dura-Plastic manufactured in June		9,300
Budgeted amount of EPP to purchase		74,000	oz.
EPP material purchased		80,000	oz.
EPP material used in production		76,540	oz.
Standard cost of EPP used in production	$	459,240
Standard quantity of EPP per unit of Dura-Plastic		6.9	oz.
Cost of EPP purchased	$	560,000

The direct materials purchase-price variance for June, to the nearest dollar, was:

Multiple Choice

$100,760 unfavorable.

$80,000 unfavorable.

$74,000 unfavorable.

$76,540 unfavorable.