The following company information is available:

Direct materials used for production	36,500 gallons
Standard quantity for units produced	35,000 gallons
Standard cost per gallon of direct material	$6.1
Actual cost per gallon of direct material	$6.30

The direct materials price variance is:

	$16,450 unfavorable.
	$7,300 unfavorable.
	$7,500 unfavorable.
	$9,150 unfavorable.
	$16,450 favorable.