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A company provided the following direct materials cost information. Compute the total direct materials variance. Standard costs assigned: Direct materials standard cost (420,000 units @

A company provided the following direct materials cost information. Compute the total direct materials variance. Standard costs assigned: Direct materials standard cost (420,000 units @ $6.00/unit) Actual costs: Direct materials costs incurred (418,750 units @ $6.20/unit) Multiple Choice O $7,500 Favorable. $83,750 Unfavorable. $83,750 Favorable. $76,250 Favorable. $76,250 Unfavorable. $ 2,520,000 $ 2,596,250
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A company provided the following direct materials cost information. Compute the total direct materials variance. Standard costs assigned: Direct materials standard cost (420,000 units a $6.00/ unit) $2,520,000 Actual costs: Direct materials costs incurred (418,750 units @ $6.20 /unit) $2,596,250 Multiple Choice $7,500 Favorable. $83,750 Unfavorable. $83,750 Favorable. $76,250 Favorable. $76,250 Unfavorable

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