Fletcher Company collected the following data regarding production of one of its products. Compute the total direct materials cost variance.     Direct materials standard (6 lbs. @ $2/lb.)$12 per finished unitActual direct materials used 243,000 lbs.Actual finished units produced 40,000 unitsActual cost of direct materials used$483,570  

A. $3,570 unfavorable.
B. $6,000 favorable.
C. $6,000 unfavorable.
D. $3,570 favorable.
E. $2,430 favorable.


Answer: A

Business

You might also like to view...

How would a key accounts sales force organization benefit Reliable Tool?

A) It would increase the amount of travel required of each Reliable Tool salesperson. B) It would enable Reliable Tool salespeople to build close relationships with clients. C) It would help Reliable Tool salespeople become experts on the specific parts they sell. D) It would allow Reliable Tool management to better supervise and evaluate its salespeople. E) It would eliminate the need for inside salespeople at Reliable Tool.

Business

Social Media is an effective tool used to increase brand awareness

Indicate whether the statement is true or false a. True b. False

Business

What is the best time to distribute handouts during a presentation?

A) Before you begin your presentation B) During the presentation C) At the end of your presentation D) Never, because handouts are obsolete

Business

Simulation models may contain both deterministic and probabilistic variables

Indicate whether the statement is true or false

Business