Standard costs assigned: Direct materials standard cost (455,000 units @ $3.00/unit) Actual costs: Direct Materials costs incurred (453,680 units @ $3.10/unit) $1,365,000 $1,406,408 Multiple Choice $41,408 Favorable. $4,092 Unfavorable $4,092 Favorable. $3,960 Favorable. $3,960 Unfavorable. Standard costs assigned: Direct materials standard cost (455,000 units @ $3.00/unit) Actual costs: Direct Materials costs incurred (453,680 units @ $3.10/unit) $1,365,000 $1,406,408 Multiple Choice $41,408 Favorable. $4,092 Unfavorable $4,092 Favorable. $3,960 Favorable. $3,960 Unfavorable