The Armstrong Corporation developed a flexible budget for its production process. Armstrong budgeted to use 10.000 pounds of direct material with a sta actually purchased 19,000 pounds and used 12,000 pounds of direct material with a cost of $29 per pound to produce 10,000 units of finished product. Given these results, what is Armstrong's direct material price variance? O A $304,000 unfavorable OB. $304,000 favorable OC. $160,000 favorable OD. $160,000 unfavorable its production process. Armstrong budgeted to use 10.000 pounds of direct material with a standard cost of $13 per pound to produce 10,000 units of finished product. Armstrong of direct material with a cost of $29 per pound to produce 10,000 units of finished product variance