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 standard quantity allowed for the actual output. Direct materials standard (3 pounds @ $5/pound) $ 15 per finished unit Actual direct materials used 122,000 pounds Actual finished units produced 39,000 units Actual cost of direct materials used $ 589,000
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