One of the main problems of multivariable cost functions in model predictive control is the choice of weighting factors. Two finite control set model predictive control algorithms, applied to the three-phase active rectifier with an LCL filter, are described in the paper. The investigated algorithms, i.e. PCi_cu_c and PCi_gi_cu_c, implement multivariable approaches applying line (grid) current, capacitor voltage and converter current. The main problem dealt with in the paper is the choice of optimum values of the cost function weighting factors. The values of the factors calculated using the method proposed in the paper are very close to the values represented by the lowest THDi of the line current. Moreover, simulations verifying the equations used in the prediction of controlled values, i.e. line current, capacitor voltage and converter current, are presented. Both simulation and experimental results are presented to verify effectiveness of the investigated control strategies under change of the load (P = 5 kW and 2.5 kW), during transient states, under unbalanced and balanced line voltage.