Fletcher Company collected the following data regarding production of one of its products. Compute the...
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Accounting
Fletcher Company collected the following data regarding production of one of its products. Compute the direct materials quantity variance.
Direct materials standard (6 lbs. @ $2/lb.) $12 per finished unit
Actual direct materials used 243,000 lbs.
Actual finished units produced 40,000 units
Actual cost of direct materials used $483,570
A) $3,570 unfavorable.
B) $2,430 favorable.
C) $6,000 unfavorable.
D) $3,570 favorable.
E) $2,430 unfavorable.
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