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A company provided the following direct materials cost information. Compute the total direct materials cost variance. Standard costs assigned: Direct materials standard cost (419,000 units
A company provided the following direct materials cost information. Compute the total direct materials cost variance.
| Standard costs assigned: | |||
| Direct materials standard cost (419,000 units @ $4.00 / unit) | $ | 1,676,000 | |
| Actual costs: | |||
| Direct Materials costs incurred (417,750 units @ $4.20 / unit) | $ | 1,754,550 | |
Multiple Choice
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$78,550 Unfavorable.
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$78,550 Favorable.
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$5,000 Favorable.
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$83,550 Unfavorable.
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$83,550 Favorable.
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