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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
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 pounds @ $5/pound) $ 30 per finished unit Actual direct materials used 261,000 pounds Actual finished units produced 43,000 units Actual cost of direct materials used $ 1,292,000
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