Fletcher Company collected the following data regarding production of one of its products. Compute the standard quantity allowed for the actual output. $$\begin{array} { l rl}
\text { Direct materlals stardard (6lbs. @ \$2/16.) } & \$ 12 & \text { per finished unit } \
\text { Actual direct materials used } & 243,000 & \text { lbs. } \
\text { Actual finished units produced } & 40,000 & \text { units }\
\text { Actual cost of direct materials used}&\$483,570\
\end{array}$$

Question

Fletcher Company collected the following data regarding production of one of its products. Compute the standard quantity allowed for the actual output. $$\begin{array} { l rl} 
\text { Direct materlals stardard (6lbs. @ \$2/16.) } & \$ 12 & \text { per finished unit } \
\text { Actual direct materials used } & 243,000 & \text { lbs. } \
\text { Actual finished units produced } & 40,000 & \text { units }\
\text { Actual cost of direct materials used}&\$483,570\
\end{array}$$

Quizplus · Accepted Answer

The standard quantity allowed is calculated by multiplying the standard quantity per unit (6 lbs) by the actual number of units produced (40,000 units), which equals 240,000 pounds.

Fletcher Company Collected the Following Data Regarding Production of One