Task Master Enterprises employs a standard cost system in which direct materials inventory is carried at standard cost. TaskMaster has established the following standards for the prime costs of one unit of product. Standard Quantity 22 pounds 0.55 hour Direct Materials Direct Labor Standard Price $ 2.80 por pound $13.00 per hour Standard Cont $61.60 7.15 $68.75 During November, Tosk Master purchased 127.200 pounds of direct materials at a total cost of $318,000. The total factory wages for November were $56,000, 90% of which were for direct lobor. TaskMaster manufactured 26,000 units of product during November using 160,000 pounds of direct materials and 12,000 direct labor hours, Is the direct materials price variance favorable or unfavorable? Multiple Choice Unfavorable Favorable