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  3. a company provided the following direct materials

A company provided the following direct materials cost information. Compute the cost variance. Standard costs...

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Accounting

A company provided the following direct materials cost information. Compute the cost variance.

Standard costs assigned: Direct materials standard cost (425,000 units @ $5 / unit)$2,125,000

Actual costs Direct materials cost incurred (423,750 units @ $5.20 / unit)$2,203,500

$78,500 Unfavorable.

$6,250 Favorable.

$84,750 Favorable.

$84,750 Unfavorable.

$78,500 Favorable.

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