Saved Help Save & Exit MC Qu. 140 Fletcher Company collected the following... Fl

Question

Saved Help Save & Exit MC Qu. 140 Fletcher Company collected the following... Fletcher Company collected the following data regarding production of one of its products. Compute the direct materials quantity variance Direct materials standard (6 lbs. $2/1b. 12 per finished unit Actual direct materials used Actual finished units produced Actual cost of direct materials used 243,000 1bs. 40,000 units $483,570 Multiple Choice $2,430 unfavorable $3,570 unfavorable. $2,430 favorable $6,000 unfavorable $3,570 favorable

Explanation / Answer

Direct materials Quantity variance (Actual qty used - Standard qty allowed)*Standard rate (243,000   - 40,000*6)*2 6000 U answer

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