Question
Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,640 pounds of material at $5.10 and standard costs
Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,640 pounds of material at $5.10 and standard costs for 4,460 pounds of material at $6.20 per pound.
The direct materials quantity variance is
a.$1,116 unfavorable
b.$5,104 unfavorable
c.$1,116 favorable
d.$5,104 favorable
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International Accounting A User Perspective
Authors: Suadagaran, Shahrokh M, Smith Lawrence Murphy
5th Edition
1531018661, 9781531018665
