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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 (2 lbs @ $1/lb)
Georgia, Inc. has collected the following data on one of its products. The direct materials quantity variance is: Direct materials standard (2 lbs @ $1/lb) $ 2 per finished unit Total direct materials cost varianceunfavorable $ 22,250 Actual direct materials used 75,000 lbs Actual finished units produced 25,000 units $2,750 favorable. $25,000 favorable. $22,250 favorable. $22,250 unfavorable. $25,000 unfavorable.
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