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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 (5 lbs @ $1/lb)

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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 (5 lbs @ $1/lb) $5 per finished unit Total direct materials cost varianceunfavorable $18,750 Actual direct materials used 180,000 lbs. Actual finished units produced 30,000 units Multiple Choice O $30,000 unfavorable. O $11,250 favorable. O $25,750 favorable. O $11,250 unfavorable. O $18,750 unfavorable

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