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

Mackinaw Inc., uses standard costing. It purchases on account 900 pounds of direct materials at $3 per pound. The standard cost is $4 per pound. What T-account entry should be made to record the purchase? Materials inventory 3,600 Accounts payable 2,700 Price variance 900 Materials inventory 2,700 Accounts payable 2,700 Price variance 0 Materials inventory 3,600 Accounts payable 900 Price variance 2,700 Materials inventory 2,700 Accounts payable 3,600 Price variance 900