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Myers Corporation has the following data related to direct materials costs for November, actual costs for 4,680 pounds of material at 55.40 per pound; and

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Myers Corporation has the following data related to direct materials costs for November, actual costs for 4,680 pounds of material at 55.40 per pound; and standard costs for 4,450 pounds of material at $6.10 per pound, What is the direct materials price variance? Os. 53.276 favorable Ob. $1.403 unfavorable c. $3.276 unfavorable Od. $1.403 favorable

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