Parallel Enterprises has collected the following data on one of its products. During the period the company produced 25,000 units. The direct materials quantity variance is: Direct materials standard (7 kg. @ $1.60/kg) Actual cost of materials purchased Actual direct materials purchased and used $11.20 per finished unit $249,000 142,000 kg Multiple Choice Chapter 23 Quiz $31,000 unfavorable. O O $52,800 unfavorable. $52,800 favorable. O $21,800 unfavorable. $21,800 favorable