Fletcher Company collected the following data regarding production of one of its products. Compute the direct materials quantity 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 $3,570 unfavorable. $3,570 unfavorable. $6,000 unfavorable. $3,570 favorable. $2,430 favorable. $2,430 unfavorable