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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)

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) $6 per finished unit
Total direct materials cost varianceunfavorable $14,250
Actual direct materials used 100,000 lbs.
Actual finished units produced 25,000 units
  • $35,750 unfavorable.

  • $35,750 favorable.

  • $45,750 favorable.

  • $14,250 unfavorable.

  • $50,000 unfavorable.

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