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)$6per finished unit

Total direct materials cost varianceunfavorable$21,250

Actual direct materials used100,000lbs.

Actual finished units produced25,000units

Multiple Choice

• $28,750 favorable.
• $50,000 unfavorable.
• $45,750 favorable.
• $21,250 unfavorable.
• $28,750 unfavorable.