Parallel Enterprises has collected the following data on one of its products. During the period the company produced 25,000 units. The direct materials price variance is Direct materials standard (7 kg. @ $2/kg) Actual cost of materials purchased Actual direct materials purchased and used $ 14 per finished unit $322,500 150,000 kgs. Multiple Choice $50.000 favorable $22,500 unfavorable $27.500 unfavorable $50,000 unfavorable $22.500 favorable