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Fletcher Company collected the following data regarding production of one of Its products. Compute the total direct materlals cost varlance. Direct materials standard (4 lbs.

Fletcher Company collected the following data regarding production of one of Its products. Compute the total direct materlals cost varlance. Direct materials standard (4 lbs. $2/1b.) Actual direct materials used Actual finished units produced Actual cost of direct materials used 8 per finished unit 83,000 lbs. 20,000 units $162,130

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