Use the following information for the next two questions. Farrar Industries reported the following results from its most recent quarter when it produced 6,100 units of finished product. Actual direct material used and purchased 15,750 Actual direct material cost per pound $5.50 Standard direct material cost per pound $5.75 Standard direct material quantity per unit 2.5 pounds per unit What is Farrar's direct material price variance? $1,525.00 favorable $3,812.50 unfavorable $3,937.50 unfavorable $3,937.50 favorable QUESTION 36 If the internal rate of return of a project is equal to the required rate of return, the Net Present Value will be $0 Net Present Value will be positive Project is not acceptable Net Present Value will be negative