Georgia, Inc. has collected the following data on one of its products. The direct materials price variance is: Direct materials standard (3 lbs $2/lb) Total direct materials cost variance-unfavorable $16,750 Actual direct materials used Actual finished units produced $6 per finished unit 80,000 1bs. 20,000 units Multiple Choice $23,250 unfavorable. $35,750 favorable $40,000 unfavorable K Prev 9 of 10 Next > Multiple Choice $23,250 unfavorable $35,750 favorable $40,000 unfavorable $16.750 unfavorable $23,250 favorable