Starbucks Corporation is a successful adopter of the standard costing system. Starbucks has a materials standard of 1 pound per unit of output. Each pound has a standard price of $26 per pound. During July, Starbucks paid $142,000 for 5,030 pounds, which it used to produce 4,790 units. What is the direct materials price variance? Multiple Choice O $11.220 unfavorable O $10,320 favorable O O $27,780 unfavorable O $17460 unfavorable