Multiple Choice 480,000 pounds. 40,000 pounds. 80,000 pounds. 243,000 pounds. 240,000 pounds

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 @ $2/pound) Actual direct materials used Actual finished units produced Actual cost of direct materials used Multiple Choice $ 12 per finished unit 243,000 pounds 40,000 units $ 483,570 o 480,000 pounds. 40,000 pounds. 80,000 pounds. 243,000 pounds. 240,000 pounds.