A company provided the following direct materials cost information Compute the direct materials quantity variance. $1,565,600 Standard costs assigned: Direct materials standard cost (412,000 units @ $3.80/unit) Actual costs: Direct materials costs incurred (410,180 units @ $4.10/unit) $1,681,738 Multiple Choice $6,916 Unfavorable. 0 $7,462 Unfavorable O O $7,462 Favorable