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Fletcher Company collected the following data regarding production of one of its products. Compute the direct materials quantity variance Direct materials standard (6 lbs. @

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Fletcher Company collected the following data regarding production of one of its products. Compute the direct materials quantity variance Direct materials standard (6 lbs. @ $2/lb.) Actual direct materials used Actual finished units produced Actual cost of direct materials used $ 12 per finished unit 236,958 lbs. 39,000 units $471,480

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