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Can someone help solve!! Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,670 pounds of material, $5.00;
Can someone help solve!!
Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,670 pounds of material, $5.00; and standard costs for 4,480 pounds of material at $6.20 per pound. What is the direct materials price variance? a. $1.178 favorable b. 55,604 unfavorable c. 51,178 unfavorable d. 55,604 favorable Step by Step Solution
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