Fletcher Company collected the following data regarding production of one of its products. Compute the standard quantity allowed for the actual output. Direct materials standard (6 1bs. $3/1b. Actual direct materials used Actual finished units produced Actual cost of direct materials used $18 per finished unit 297, 000 1bs. 49,000 units $886, 000 Multiple Choice 882,000 pounds. 294,000 pounds. 297,000 pounds. 147,000 pounds 49,000 pounds