Georgia, Inc. has collected the following data on one of its products. The direct materials price variance is: Direct materials standard (4 lbs. @ $1/lb.)$4per finished unitTotal direct materials cost variance-unfavorable$13,750 Actual direct materials used 150,000lbs.Actual finished units produced 30,000units
A. $16,250 favorable.
B. $13,750 unfavorable.
C. $16,250 unfavorable.
D. $33,000 favorable.
E. $30,000 unfavorable.
Answer: A
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