TaskMaster Enterprises employs a standard cost system in which direct materials inventory is carried at standard cost. TaskMaster has established the following standards for the prime costs of one unit of product Duing November, TaskMaster purchased 165,500 pounds of direct materials at a total cost of $463,400. The total foctory wages for November were $53,000,90% of which were for direct laboc. TaskMaster manufactured 19.500 units of procluct during November using 146.250 pounds of direct materlals and 5,110 direct labor hours Is the direct materials pice variance favorable or unfavorable? Muntiple Choice Favcrable Unfovorabie