Five Rings, Inc, has collected the following data on one of its products:

Direct materials standard (4 lbs.@ $ 1.00/b.)	$4.00per finished unit
Total direct materials cost variance unfavorable	$10,450
Actual direct materials used	127,500 lbs
Actual finished units produced	25,500 units

The direct materials price variance is:

$15,050 unfavorable.

$28,050 favorable.

$10,450 unfavorable.

$25,500 unfavorable.

$15,050 favorable.