Please write out correct answer and whether its A, B, C or D. Thank you.

Mackinaw Inc., uses standard costing. It purchases on account 710 pounds of direct materials at $8 per pound. The standard cost is $7 per pound. What T-account entry should be made to record the purchase? Materials inventory 5,680 Accounts payable 4,970 Price variance 710 Materials inventory 5.680 Accounts payable 710 Price variance 4.970 Materials inventory 5.680 Accounts payable 5,690 Price variance o Materials inventory 5,680 Accounts payable 710 Price variance 4,970 Materials inventory 5,680 Accounts payable 5,680 Price variance 0 o Materials inventory 4.970 Accounts payable 5,680 Price variance 710