A company provided the following direct materials cost information. Compute the direct materials price variance. Standard costs assigned: Direct materials standard cost (407,000 units @ $3.90/unit) Actual costs: Direct materials costs incurred (405,950 units @ $4.00/unit) $ 1,587,300 $ 1,623,800

A company provided the following direct materials cost information. Compute the direct materials price variance. Standard costs assigned: Direct materials standard cost (4e7, 000 units $3.90/ unit) $1,587,300 Actual costs: Direct materials costs incurred ( 405,950 units e $4,00/ unit) $1,623,800 Multiple Choice $40.595 Untovorable $40,595 Fovorable: $1,587,300 Fovorable. $1,587,300 Unfovorable $40700 favoroble