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