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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, $4.50; and standard costs for

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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, $4.50; and standard costs for 4.800 pounds of material at $5.10 per pound. What is the direct materials pribe variance? 1) $2,880 unfavorable 2) $3,000 unfavorable 3) $2,880 favorable 4) $3,000 favorable

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