s 4. Fossil's Leather Company maintains a standard cost system. Last period, the company used 3,000 pounds of Material H to produce 600 units of Product C8. The company has established a standard of 7 pounds of Material H per unit of C8, at a price of $8 per pound of material. The company spent $24,000 during the period to purchase 4000 pounds of material H. Calculate the direct materials purchase-price variance for the period. A. -$6,000 favorable B. -$6,000 unfavorable C. $6,000 favorable D. $6,000 unfavorable E. Not enough information