Georgia, Inc. has collected the following data on one of its products. The direct materials price variance is: Direct materials standard (3 lbs @ $1/lb) $3 per finished unit Total direct materials cost varianceunfavorable $24,250 Actual direct materials used 108,000 lbs. Actual finished units produced 27,000 units Multiple Choice $2,750 favorable. $2,750 unfavorable. $27,000 unfavorable. $22,750 favorable. $24,250 unfavorable.