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Myers Corporation has the following data related to direct materials costs for November: actual cost for 4,690 pounds of material at $5.40 and standard cost

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Myers Corporation has the following data related to direct materials costs for November: actual cost for 4,690 pounds of material at $5.40 and standard cost for 4,480 pounds of material at $6.00 per pound. The direct materials price variance is Ca. $1,260 favorable b. $1,260 unfavorable c. $2,814 unfavorable d. $2,814 favorable

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