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) $ 6 per finished unit Total direct materials cost varianceunfavorable $ 24,750 Actual direct materials used 120,000 lbs Actual finished units produced 30,000 units $55,750 favorable. $35,250 unfavorable. $35,250 favorable. $24,750 unfavorable. $60,000 unfavorable.