A company provided the following direct materials cost information. Compute the direct materials quantity variance. Standard costs assigned: Direct…

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

Standard costs assigned:  

Direct materials standard cost (412,000 units @ $3.80/unit)$1,565,600 

Actual costs:   

Direct Materials costs incurred (410,180 units @ $4.10/unit)$1,681,738 

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