A company provided the following direct materials cost information Compute the direct materials price variance $1,344,00 Standard costs assigned: Direct materials standard cost (420,000 units @ $3.20/unit) Actual costs: Direct materials costs incurred (417,189 units a $3.30/unit) $1,376,430 Multiple Choice $40 Favorable $1.344000 Favorable o $12.000 Favori