Finished units: Planned = 10,000; Actual = 7,500 Actual material purchases: 30,000 pounds for $102,000 Actual material used in production = 22,500 pounds To produce each nished unit, the company expects to use 3.2 pounds of material at a cost per pound of $3.50. Compute the direct material price variance 0 $2,550 Favorable (Good Thing) 0 $3,000 Favorable (Good Thing) 0 $5,250 Unfavorable (Bad Thing) 0 $15,000 Unfavorable (Bad Thing) 0 None of the other answers are correct