Fletcher Company Collected the Following Data Regarding Production of One

question 32

Multiple Choice

Fletcher Company collected the following data regarding production of one of its products. Compute the standard quantity allowed for the actual output. $\begin{array}{llr} \text { Direct materrals standard (6 lbs. @ \$2/1b.) } &\$12& \text { per finished unit } \\ \text { Actual direct materials used} &243,000& \text {Ibs. } \\ \text {Actual finished units produced } &40,000& \text {units } \\ \text { Actual cost of direct materials used } &\$483,570\\\end{array}$

• A) 80,000 pounds.
• B) 40,000 pounds.
• C) 480,000 pounds.
• D) 243,000 pounds.
• E) 240,000 pounds.

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Definitions:

Light Bulbs

Devices that produce light from electricity, consisting of a filament that glows when heated by an electric current.

Top-Down Processing

A perceptual process where an individual's expectations or prior knowledge guide the interpretation of sensory information.

Wrong Idea

An incorrect or misguided thought, belief, or assumption.

Reality

The state of things as they actually exist, outside of perception or interpretation.