Fletcher Company collected the following data regarding production of one of its products. Compute the total direct materials variance. Direct materials standard (2 pounds @ $6/pound) $ 12 per finished unit Actual direct materials used 48,000 pounds Actual finished units produced 22,000 units Actual cost of direct materials used $ 267,790 Multiple Choice $24,000 unfavorable. $3,790 unfavorable. $24,000 favorable. $20,210 favorable. $3,790 favorable.