Sunny Corporation has collected the following data for one of its products: Direct materials standard (3 pounds per unit @ $0.40/lb.) Actual direct materials purchased Actual Direct Materials Used (AQU) Actual Price (AP) paid per pound How much is the direct materials price variance? $1.20 per finished good 32,000 pounds 23,000 pounds $0.47 O A. $1,610 unfavorable B. $2,240 favorable O C. $1,610 favorable OD. $2,240 unfavorable