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Georgia, Inc. has collected the following data on one of its products. The direct materials quantity variance is: Direct materials standard (3 lbs @ $1/lb)

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Georgia, Inc. has collected the following data on one of its products. The direct materials quantity variance is: Direct materials standard (3 lbs @ $1/lb) $3 per finished unit Total direct materials cost variance-unfavorable $21,250 Actual direct materials used 100,000 lbs. Actual finished units produced 25,000 units Multiple Choice $25,000 favorable. $21,250 unfavorable. $21,250 favorable. $25,000 unfavorable, $3,750 favorable

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