TaskMaster Enterprises employs a standard cost system in which direct materials inventory to carried at standart cost. TackMaster has established the following standards for the prime costs of one unit of product Direct Materials Direct Labor Standard Quantity 46 pounds Standard Price $4.00 per pound $19.00 per hour Standard Cost $184.00 16.15 $200.15 During November TaskMaster purchased 90,000 pounds of direct materials at a total cost of $342,000 The total factory wages for November were $80.000. 90% of which were for direct labor Tak Master manufactured 30.000 units of product during November using 100,000 pounds of direct materials and 24.000 direct labor hours is the rect materials price variance favorable or unfavorable Mutole Choc O