Standard cost data per unit of product for Jack Inc. is as follows: Direct material (3 gallons @ $4 per gallon) $12 Direct labor (2 hours @ $12 per hour) $24 During the period, the company produced and sold 22,000 units, incurring the following costs: Direct material 69, 000 gallons @ $ 3.9 per gallon Direct labor 44, 500 hours @ $11. 75 per hour The direct material price variance was