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Fletcher Company collected the following data regarding production of one of its products. Compute the direct materials price variance. Direct materials standard (6 1bs. @

Fletcher Company collected the following data regarding production of one of its products. Compute the direct materials price variance. Direct materials standard (6 1bs. @ $2/1b. ) $ 12 per finished unit Actual direct materials used 212, 750 1bs. Actual finished units produced 35, 000 units Actual cost of direct materials used $423, 120 Multiple Choice $2,380 unfavorable. O $3,120 unfavorable. O $2,380 favorable. $5,500 unfavorable. $3.120 favorable

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