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Myers Corporation has the following data related to direct materials costs for November: actual cost for 4,680 pounds of material at $5.40 per pound and

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Myers Corporation has the following data related to direct materials costs for November: actual cost for 4,680 pounds of material at $5.40 per pound and standard cost for 4,420 pounds of material at $6.20 per pound. The direct materials price variance is a. $3,744 favorable b. $1,612 unfavorable c. $3,744 unfavorable d. $1,612 favorable

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