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will give thumbs up Fletcher Company collected the following data regarding production of one of its products. Compute the standard quantity allowed for the actual

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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 (8 lbs. $3/lb.) Actual direct materials used Actual finished units produced Actual cost of direct materials used 24 per finished unit 274, eee lbs. 34,eee units $819,000 Multiple Choice 274.000 pounds O 0 272.000 pounds O O 34.000 pounds O 16.000 pounds O A company provided the following direct materials cost information Compute the direct materials quantity variance $926,200 Standard costs assigned: Direct materials standard cost (421,000 units @ $2.20/unit) Actual costs: Direct materials costs incurred (419,710 units @ $2.30/unit) $965,333 Multiple Choice O $39,133 Favorable o $2.967 Unfavorable C) $2.967 Favorable o $2.838 Favorable

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