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Georgia, Incorporated has collected the following data on one of its products. Direct materials standard (3 pounds @ $2/pound) $ 6 per finished unit Total

  1. Georgia, Incorporated has collected the following data on one of its products. 

  2. Direct materials standard (3 pounds @ $2/pound) $ 6 per finished unit
  3. Total direct materials cost variance—unfavorable $ 25,750
  4. Actual direct materials used 120,000 pounds 
  5. Actual finished units produced 30,000 units

  6. What is the direct materials price variance?

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