Question
Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,680 pounds of material, $5.10; and standard costs for
Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,680 pounds of material, $5.10; and standard costs for 4,460 pounds of material at $6.30 per pound.
What is the direct materials quantity variance?
a.$5,616 unfavorable
b.$1,386 favorable
c.$5,616 favorable
d.$1,386 unfavorable
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Fraud Examination
Authors: W. Steve Albrecht, Conan C. Albrecht, Chad O. Albrecht, Mark F. Zimbelman
3rd edition
324560842, 978-0324560848
