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The following company information is available for March. The direct materials price variance is: Direct materials purchased and used Standard costs for direct materials for

The following company information is available for March. The direct materials price variance is: Direct materials purchased and used Standard costs for direct materials for March production 3,200 feet @$69 per foot 3,300 feet @$67 per foot Multiple Choice $6.400 favorable. $6,600 unfavorable. $300 favorable. A company provided the following direct materials cost information. Compute the total direct materials variance. Standard costs assigned: Direct materials standard cost (423,000 units @ $5.00/unit) Actual costs: $ 2,115,000 Direct materials costs incurred (421,750 units @ $5.20/unit) $ 2,193,100 Multiple Choice $84,350 Favorable. $84,350 Unfavorable. $78,100 Favorable

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