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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 (3 lbs @ $1/lb)

Georgia, Inc. has collected the following data on one of its products. The direct materials quantity variance is: Direct materials standard (3 lbs @ $1/lb) Total direct materials cost variance-unfavorable Actual direct materials used Actual finished units produced $3 per finished unit $23,750 120,000 lbs. 30,000 units Multiple Choice $30,000 favorable. $6,250 favorable. $23,750 unfavorable

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