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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

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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. @ $2.45/kg) Actual cost of materials purchased Actual direct materials purchased and used $17.15 per finished unit $412,950 159,000 kg $39,200 favorable. $23,400 favorable. $15,800 unfavorable, $39,200 unfavorable. $23,400 unfavorable

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