-1 Question 13 Five Rings, Inc, has collected the following data on one of its products: Direct materials standard (3 lbs.@ $.75/b.) Total direct materials cost variance- unfavorable Actual direct materials used Actual finished units produced The actual cost of the direct materials used is: O $64,300 O $120,000 O $85,700 O $130,300 O $96,000 $2.25per finished unit $10,300 120,000 lbs 24,000 unit