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Myers Corporation has the following data related to direct materials costs for November: actual cost for 4,700 pounds of material at $5.30 and standard cost

Myers Corporation has the following data related to direct materials costs for November: actual cost for 4,700 pounds of material at $5.30 and standard cost for 4,440 pounds of material at $6.30 per pound. The direct materials price variance is Oa. $1,638 favorable Ob. $1,638 unfavorable Oc. $4,700 favorable Od. $4,700 unfavorable

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