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

Direct materials standard (6 pounds @ $2/pound)	$ 12	per finished unit
Actual direct materials used	297,450	pounds
Actual finished units produced	49,000	units
Actual cost of direct materials used	$ 592,380

Multiple Choice

$4,380 favorable.

$4,380 unfavorable.

$6,900 unfavorable.

$2,520 favorable.

$2,520 unfavorable.

Fletcher Company collected the following data regarding production of one of its products. Compute the direct naterials price variance. Multiple Choice $4,380 favorable. $4,380 unfavorable. $6,900 unfavorable. $2,520 favorable. $2,520 unfavorable