Georgia, Inc. has collected the following data on one of its products. The direct materials quantity variance is: Direct materials standard (5 lbs @ $1/lb) Total direct materials cost variance-unfavorable Actual direct materials used Actual finished units produced $5 per finished unit $23,250 180,000 lbs. 30,000 units Multiple Choice $30,000 favorable. $23,250 unfavorable. $30,000 unfavorable. $6,750 favorable, . $23, 250 favorable, A company provided the following direct materials cost information. Compute the direct materials quantity variance, $ 970,200 Standard costs assigned: Direct materials standard cost (441,000 units @ $2.20/unit) Actual costs: Direct materials costs incurred (439,360 units @ $2.40/unit) $1,054,464 Multiple Choice o $84,264 Favorabl. o $3,936 Unfavorable o $3,936 Favorabl. o $3,608 Favorabl. o $3,608 Unfavorable