The standard cost for Product G3 includes 2 gallons of direct materials at $4 per gallon. During the current month, 10,400 gallons of direct materials were purchased for $39,520 and 10,400 gallons were used to produce 5,000 units of Product G3 The direct materials price variance for the current month is $2,000 favorable $1,980 unfavorable $2,080 favorable $1,,600 unfavorable