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Myers Corporation has the following data related to direct materials costs for November: actual cost for 4,670 pounds of material at $5.30 and standard

Myers Corporation has the following data related to direct materials costs for November: actual cost for 4,670 pounds of material at $5.30 and standard cost for 4,470 pounds of material at $6.20 per pound. The direct materials price variance is a. $1,240 unfavorable Ob. $4,203 favorable Oc. $4,203 unfavorable Od. $1,240 favorable

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