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Fletcher Company collected the following data regarding production of one of its products. Compute the direct materials quantity variance. Direct materials standard (6 pounds

Fletcher Company collected the following data regarding production of one of its products. Compute the direct materials quantity variance. Direct materials standard (6 pounds @ $2/pound) Actual direct materials used Actual finished units produced Actual cost of direct materials used $12 per finished unit 273,250 pounds 45,000 units $ 544,020

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