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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 (425,000 units $3.70/unit)

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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 (425,000 units $3.70/unit) $1,572,500 Actual costs: Direct Materials costs incurred (422,600 units e$3.80/unit) $1,605,880 Multiple Choice $1,572,500 Favorable. $1,572,500 Unfavorable. $42,260 Unfavorable. 42 260 Eavorable. 19 .. MacBook Air 8

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