The standard costs and actual costs for direct materials for the manufacture of 3,000 actual units of product are as follows:

Standard Costs
Direct materials	10 yds. @ $11.80
Actual Costs
Direct materials	11 yds. @ $11.40

The direct materials price variance is

Question 8 options:

	$3,540 favorable variance
	$13,200 unfavorable variance
	$3,540 unfavorable variance
	$13,200 favorable variance