Moving to another question will save this response Question 5 Parallel Enterprises has collected the following data on one of its products During the period the company produced 25,000 units Direct materials standard (kg@$2/kg) Actual cost of materials purchased Actual direct materials purchased and used The direct materials price variance is 14 per finished unit $322,500 150,000 lbs $27,500 unfavorable $50,000 unfavorable $50,000 favorable $22,500 unfavorable $22,500 favorable > Moving to another question will save this response