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 Units of Dura-Plastic manufactured in June Budgeted amount of EPP to purchase EPP material purchased EPP material used in production Standard cost of EPP used in production Standard quantity of EPP per unit of Dura-Plastic Cost of EPP purchased 8,500 9,500 78,000 oz. 84,000 oz. 80,000 oz. $552,000 7.5 oz. $638,400 The direct materials purchase price variance for June, to the nearest dollar, was: Multiple Choice O $86,400 unfavorable. $56,000 unfavorable. $54,600 unfavorable. $58,800 unfavorable