Task Master Enterprises employs a standard cost system in which direct materials inventory is carried at standard cost. Task Master has established the following standards for the prime costs of one unit of product Direct Materials Direct Labor Standard Quantity 24 pounds 0.45 hour Standard Price $ 2.60 per pound $12.00 per hour Standard Cost $62.40 5.40 567.00 During November. Task Master purchased 100.000 pounds of direct materials at a total cost of $320.000 The total factory wages for November were $58.000, 90% of which were for direct labor. Tusk Master manufactured 27000 units of product during November using 162,500 pounds of direct materials and 13,000 direct labor hours is the direct materials pelice variance tovorable or untavorable