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A company provided the following direct materials cost information. Compute the cost variance. Standard costs assigned: Direct materials standard cost (405,000 units @ $2/unit) $810,000
A company provided the following direct materials cost information. Compute the cost variance. Standard costs assigned: Direct materials standard cost (405,000 units @ \$2/unit) $810,000 Actual costs: Direct Materials costs incurred (403,750 units @ $2.20 /unit) \$888,250 $80,750 Unfavorable. $78,250 Favorable. $2,500 Favorable. $78,250 Unfavorable, $80,750 Favorable
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