The budgeted and actual costs at Goodyear Company is as follows:

Budgeted costs	Actual costs
Materials (per tire): 12 lbs @ $1.80/lb	Total materials purchased: 840,000lbs
Labor (per tire): 4 hrs. @ $14/hr	Total cost of purchase: $1,554,000
Factory O/H (per tire): 3 hrs. @ $8/hr	Total material used: 849,600 lbs
	Labor (per tire): 4.1 hrs @ $13/hr
	Factory O/H (per tire): 2.8 hrs @ $8.50/hr

During October, Goodyear produced 72,000 tires.

The direct materials purchase price variance is:

Options:

	$42,480 (F)
	$42,000 (F)
	$42,000 (U)
	$42,480 (U)