The standard costs and actual costs for direct materials for the manufacture of 3,000 actual units of product are Standard Costs Direct materials (per completed unit) 1,040 kilograms at $8.75 Actual Costs Direct materials 2,000 kilograms at $8.00 The amount of direct materials price variance is $2,750 unfavorable variance $1,500 favorable variance $1,500 unfavorable variance $2,750 favorable variance