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A company provided the following direct materials cost information, Compute the direct materials price variance. Standard costs assigned: Direct materials standard cost (414,000 units e

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A company provided the following direct materials cost information, Compute the direct materials price variance. Standard costs assigned: Direct materials standard cost (414,000 units e $3.60/ unit) Actual costs: $1,490,400 Direct materials costs incurred (413,650 units e $3.70/ unit) $1,530,505 Multiple Choice $41,365 Untavorable. $1,490,400 Untavorable $41,365 Favorable. $1,490,400 Favorable $41,400 favorable

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