Seved Fletcher Company collected the following data regarding production of one of its products. Compute the total direct materials variance. Direct materials standard (1 pounds $5/pound) Actual direct materials used Actual finished units produced Actual cost of direct materials used $ 5 per finished unit 29,000 pounds 25,000 units $ 128,370 Multiple Choice $20.000 favorable $3.370 favorable $20.000 unfavorable $16.630 favorable $3.370 unfavorable