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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 (499,000 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 (499,000 units e $2.80/unit) $1,397,200 Actual costs: Direct Materials costs incurred (497,210 units e $3.10/unit) 1,541,351 Multiple Choice $5,012 Favorable. $5,012 Unfavorable Multiple Choice $5,012 Favorable. $144.151 Favorable. $5,012 Unfavorable. $5,549 Unfavorable $5.549 Favorable.

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