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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 (4 bs @ $1/1b)

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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 (4 bs @ $1/1b) Total direct materials cost variance-unfavorable $13, 750 Actual direct materials used Actual finished units produced $4 per finished unit 150,000 lbs. 30,000 units Multiple Choice $16,250 unfavorable. $30,000 unfavorable. $25,750 favorable. $13,750 unfavorable. $16,250 favorable

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