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Fletcher Company collected the following data regarding production of one of its products. Compute the total direct materials variance. Direct materials standard (1 pounds
Fletcher Company collected the following data regarding production of one of its products. Compute the total direct materials variance. Direct materials standard (1 pounds @ $4/pound) Actual direct materials used Actual finished units produced Actual cost of direct materials used $ 4 per finished unit 34,000 pounds 30,000 units $123,420 Multiple Choice $16,000 favorable $3.420 unfavorable $12.580 favorable $16,000 unfavorable $3.420 favorable.
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