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A company provided the following direct materials cost information. Compute the direct materials quantity variance. Standard costs assigned: Direct materials standard cost (405,000 units e

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A company provided the following direct materials cost information. Compute the direct materials quantity variance. Standard costs assigned: Direct materials standard cost (405,000 units e \$4.00/unit) Actual costs: Direct materials costs incurred (403,120 units e $4.30/ unit) Multiple Choice $7,520 Unfavorable. $8,084 Favorable. $7,520 Favorable. $113,416 Favorable. $8,084 Unfavorable

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