Reference no: EM132533884
Question 1: 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/ $ 25,750
Actual direct materials used/ 120,000 lbs
Actual finished units produced/ 30,000 units
Option A. $30,000 favorable.
Option B. $4,250 favorable.
Option C. $30,000 unfavorable.
Option D. $25,750 unfavorable.
Option E. $25,750 favorable
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