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Georgia, Inc. has collected the following data on one of its products. The direct materials quantity variance is: Direct materials standard (5 lbs @ $1/lb)
Georgia, Inc. has collected the following data on one of its products. The direct materials quantity variance is: Direct materials standard (5 lbs @ $1/lb) Total direct materials cost variance-unfavorable Actual direct materials used Actual finished units produced $5 per finished unit $18,750 180,000 lbs. 30,000 units Multiple Choice $18,750 unfavorable. $18,750 favorable. $30,000 favorable. $30,000 unfavorable. $11,250 favorable
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