4 03:17:03 A company reports the following for one of its products. Direct materials standard (10 pounds $9 per pound) Actual units produced Actual cost of direct materials used $ 90 per unit 20,000 units $ 1,824,000 Compute the total direct materials variance and identify it as favorable or unfavorable. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Direct materials variance