Question 36 (2.5 points) Direct materials cost standard Direct materials effiency standard Actual amount of paraffin purchased and used Actual cost of paraffin purchased and used $1.75 per pound of paraffin 1.0 pound of paraffin per batch 62,400 pounds $102,960 Based on the above information and an actual production of 52,000 units, is the materials cost variance favorable or unfavorable? Favorable Unfavorable