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Fletcher Company collected the following data regarding production of one of Its products. Compute the...

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Fletcher Company collected the following data regarding production of one of Its products. Compute the total direct materlals cost varlance. Direct materials standard (4 lbs. $2/1b.) Actual direct materials used Actual finished units produced Actual cost of direct materials used 8 per finished unit 83,000 lbs. 20,000 units $162,130

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