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A company provided the following direct materials cost information Compute the direct materials price variance. $1,577,000 Standard costs assigned: Direct materials standard cost (415,000 units

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A company provided the following direct materials cost information Compute the direct materials price variance. $1,577,000 Standard costs assigned: Direct materials standard cost (415,000 units @ $3.80/unit) Actual costs: Direct materials costs incurred (414,750 units @ $4.00/unit) $1,659,000 Multiple Choice O $1,577,000 Favorable. O $22.950 Favorable O $83,000 Favorable o $82,950 Unfavorable

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