Fletcher Company collected the following data regarding production of one of its products. Compute the total direct materials cost variance.

Based on predicted production of 24,000 units, a company anticipates $444,000 of fixed costs and $390,000 of variable costs. The flexible budget amounts of fixed and variable costs for 22,000 units are

Fletcher Company collected the following data regarding production of one of its products. Compute the total direct materials cost variance Direct materials standard (1 lbs. @ $5/lb.) Actual direct materials used Actual finished units produced Actual cost of direct materials used $ 5 per finished unit 29,000 lbs. 25,000 units $128,370 Multiple Choice O $20,000 favorable O S16,630 favorable O $3.370 untevorable $3,370 favorable. Based on predicted production of 24.000 units, a company anticipates $444,000 of fixed costs and $390,000 of Variable costs. The flexible budget amounts of fixed and variable costs for 22,000 units areDo not round intermediate calculations): Multiple Choice $257.500 fixed and $444,000 variable. $407,000 fixed and $390,000 variable O $444,000 fbxed and $357,500 variable O $444,000 fixed and $390,000 variable. $407,000 fixed and $357.500 variable