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Parallel Enterprises has collected the following data on one of its products. During the period the company produced 25,000 units. The direct materials price variance is: $ 14 per finished unit Direct materials standard (7 kg. @ $2/kg) Actual cost of materials purchased $320,500 Actual direct materials purchased and used 161,000 kg Select one: 0 $50,000 unfavorable. 0 $50 000 favorable. 0 $1,500 unfavorable. - $1.500 favorable. 0 $20 500 unfavorable 0 522 500 unfavorable. $20.500 favorable. $22.500 favorable