Georgia, Inc has collected the following data on one of its products. The direct materials price variance is Direct materials standard (2 lbs @ $2/1b) Total direct materials cost variance-unfavorable Actual direct materials used Actual finished units produced $4 per finished unit $17,750 60,000 lbs. 20,000 units Multiple Choice $22,250 favorable $40,000 unfavorable. 535750 favorable $22.250 unfavorable $17.750 unfavorable