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Fletcher Company collected the following data regarding production of one of its products. Compute the standard quantity allowed for the actual output. Direct materials standard

Fletcher Company collected the following data regarding production of one of its products. Compute the standard quantity allowed for the actual output. Direct materials standard (6 pounds @ $3/pound) $ 18 per finished unit Actual direct materials used Actual finished units produced Actual cost of direct materials used Multiple Choice 297,000 pounds 49,000 units Saved $ 886,000

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