&Moving to another question will save this response a Question 10 of 2 estion 10 4 points Save The actual cost of direct materials is $10.50 per pound. The standard cost per pound is $11.75 During the current perlod. 10,000 pounds were used in production and 11,500 pounds were purchased Ther standard quantity for actual units produced is 9,900 pounds. How mach is the direct materials price variance assuming it is recorded at purchase point? O $14,375 favorable e $14,375 unfavorable O $12,500 unfavorable O $12,500 favorable &Moving to another question will save this response Question 10 of 26) 74m AD44 11/19 Type here to search