Fletcher Company collected the following data regarding production of one of its products. Compute the direct materials price 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. $2,430 unfavorable.
B. $6,000 unfavorable.
C. $3,570 favorable.
D. $2,430 favorable.
E. $3,570 unfavorable.
Answer: D
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