A company provided the following direct materials cost information. Compute the direct materials quantity variance. Standard costs assigned: Direct materials standard cost (460,000 units @ $3.20/unit) $ 1,472,000 Actual costs: Direct Materials costs incurred (458,410 units @ $3.50/unit) $ 1,604,435 Multiple Choice

$5,088 Favorable.

$132,435 Favorable.

$5,565 Unfavorable

$5,088 Unfavorable.

$5,565 Favorable.