TB MC Qu. 21-78 (Algo) Georgia Incorporated has collected...

Georgia, Incorporated has collected the following data on one of its products. The direct materials quantity variance is:

Direct materials standard (4 pounds @ $1/pound)	$4	per finished unit
Total direct materials cost varianceunfavorable	$18,250
Actual direct materials used	120,000	pounds
Actual finished units produced	24,000	units

Multiple Choice

• $24,000 favorable.

• $18,250 unfavorable.

• $24,000 unfavorable.

• $18,250 favorable.

• $5,750 favorable.