Use this information to answer the question that follow. The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.91; actual, $2.03 Standard yards per unit: standard, 4.61 yards; actual, 4.91 yards Units of production: 9,000 Calculate the direct materials price variance.

a. $5,302.80 favorable

b. $1,080.00 unfavorable

c. $5,302.80 unfavorable

d. $4,978.80 favorable