TB MC Qu. 21-139 Fletcher Company collected the following... Fletcher Company collected the following data regarding production of one of its products. Compute the direct materials price variance. Direct materials standard (6 lbs. @$2/1b.) Actual direct materials used Actual finished units produced Actual cost of direct materials used Multiple Choice $2,940 favorable. $ 12 per finished unit 200,650 lbs. 33,000 units $398,940