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Myers Corporation has the following data related to direct materials costs for November: actual costs for 4 , 6 5 0 pounds of material, $

Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,650 pounds of material, $5.00; and standard costs for 4,440 pounds of material at $6.20 per pound.
What is the direct materials price variance?
a. $1,302 unfavorable
b. $5,580 unfavorable
c. $5,580 favorable
d. $1,302 favorable

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