The U.R. Good Company produces a product using standard costs as follows:

a. Standard cost per unit
Materials	7 kilos at 3.50 per kilo
Labor	8 hours at 1.75 per kilo
Fixed MOH	1.15 per hour or 9.20 per unit
Variable MOH	0.85 per hour or 6.80 per unit
b. Overhead is applied on direct labor hours
c. Actual performance (1 month)
Volume produced	800
Labor hours	6,300
Overhead	13,200
Material Cost	3.45 per kilo
Labor Cost	1.80 per hour
Material Used	4,800 kilos

The Material Price Variance is ____________________ .

Group of answer choices

2,800 Unfavorable

240 Unfavorable

360 Favorable

240 Favorable