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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 (405,000 units

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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 (405,000 units $2.00/unit) 810,000 Actual costs: Direct Materials costs incurred (403,750 units $2.20/unit) $888,250 Multiple Choice $2,500 Favorable. $80,750 Unfavorable. $78,250 Unfavorable. $80,750 Favorable. $78,250 Favorable

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