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

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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) $ 12 per finished unit Actual direct materials used 255,100 pounds Actual finished units produced 42,000 units Actual cost of direct materials used $ 507,750 $3,750 unfavorable. $2,450 favorable. $3,750 favorable. $6,200 unfavorable. $2,450 unfavorable

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