The standard quantity of materials for a product was 40 pounds per unit at the standard price of $2.00 per pound. The actual price per pound of materials was $1.50, and the actual quantity used was 44 pounds. An analysis would indicate a:
a. $20.00 favorable price variance.
b. $22.00 favorable price variance.
c. $6.00 unfavorable quantity variance.
d. $18.00 favorable price variance.