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 $(7$ Kilogram $($ $$2\mathrm{.}50/$Kilogram$)$

Actual cost of materials purchased

Actual direct materials purchased and used

$ $17\mathrm{.}50$ per finished unit

$$423,500$

$160,000$Kilogram

Multiple Choice

$$14,000$ unfavorable.

$$37,500$ unfavorable.

$$37\mathrm{.}500$ favorable

$$23,500$ unfavorable

$$23,500$ favorable.

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