The following data relate to product no. 89 of Mansion Corporation: Direct material standard: 3 square feet at $2.40 per square foot Direct material purchased: 31,000 square feet at $2.50 per square foot Direct material consumed: 29,900 square feet Manufacturing activity: 9,800 units completed Assume that the company computes variances at the earliest point in time. The direct-material price variance is: Multiple Choice $3,100F. $2,990U $2,900U. $2,990F. $3,100U