[The following information applies to the questions displayed below.] 2 James Inc.'s flexible budget for June, based upon actual output, called for the use of 11,100 pounds of materials at a standard cost of $8.00 per pound. The Production Department actually used 11,300 pounds of materials costing $7.70 per pound during June. 01:58:55 James's materials price variance for June is: Multiple Choice O $3,390 Favorable. O $3,330 Unfavorable. O $3,330 Favorable. O $3,390 Unfavorable