The Russell Company provides the following standard cost data per unit of product Direct material (3 gallons @ $3 per gallon) $ 9.00 Direct labor (2 hours @ $13 per hour) $26.00 During the period, the company produced and sold 24,000 units, Incurring the following costs: Direct material Direct labor 75,000 gallons @ $ 2.90 per gallon 48,500 hours @$12.75 per hour The direct labor price variance was: Multiple Choice $12.000 unfavorable $12.000 favorable $12125 unfavorable $12.125 favorable