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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 lbs. $2/lb.)

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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 lbs. $2/lb.) Actual direct materials used Actual finished units produced Actual cost of direct materials used $ 12 per finished unit 243,000 lbs. 40,000 units $483,570 Multiple Choice O $2.430 unfavorable $3.570 unfavorable

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