Fletcher Company collected the following data regarding production of one of its products. Compute the direct materials quantity variance. Direct materials standard (6 pounds @ $2/pound) Actual direct materials used Actual finished units produced Actual cost of direct materials used $12 per finished unit 206,700 pounds 34,000 units $ 411,030 Multiple Choice $2.370 unfavorable. $3,030 unfavorable. $2,370 favorable. $5,400 unfavorable. $3.030 favorable