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Myers Corporation has the following data related to direct materials costs for November: actual cost for 4,600 pounds of material at $5.20 per pound and

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Myers Corporation has the following data related to direct materials costs for November: actual cost for 4,600 pounds of material at $5.20 per pound and standard cost for 4,470 pounds of material at $6.20 per pound. The direct materials price variance is a. $4,600 unfivorable b. 54,600 favorable c. $806 unfavorable d. 5806 favorable

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