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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 pounds $2/pound)

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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 pounds $2/pound) $ 12 per finished unit Actual direct materials used 243,000 pounde Actual finished units produced 40,000 units Actual cont of direct materials used $ 483,570 Multiple Choice $6,000 unfavorable. $3.570 unfavorable $2.430 favorable 53 570 favorable $6.000 unfavorable $3,570 unfavorable $2.430 favorable $3.570 favorable 52.430 unfavorable

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