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Myers Corporation has the following data related to direct materials costs for November: actual costs for 5,000 pounds of material at $4.50 and standard costs
Myers Corporation has the following data related to direct materials costs for November: actual costs for 5,000 pounds of material at $4.50 and standard costs for 4,800 pounds of material at $5.10 per pound. The direct materials quantity variance is Oa. $1.020 unfavorable Ob. $900 favorable Oc. $1.020 favorable Od. $900 unfavorable Cash dividends paid on common stock would be reported in the statement of cash flows in Oa. the cash flows from financing activities section Ob. a separate schedule Oc. the cash flows from operating activities section Od the cash flows from investing activities
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