A company provided the following direct materials cost information. Compute the direct materials quantity variance.
Standard costs assigned:
Direct materials standard cost (418,000 units & $3.00 unit) $1,254,000
Actual costs:
Direct Materials costs incurred (416,020 units e $3.10unit) $1,289,662
Multiple Choice
$6,138 Unfavorable
$5,940 Unfavorable.
$ 5,940 Favorable.
$ 35,662 Favorable.
$ 6,138 Favorable.