Question
Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,690 pounds of material, $5.40; and standard costs for
Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,690 pounds of material, $5.40; and standard costs for 4,440 pounds of material at $6.20 per pound. What is the direct materials quantity variance? a.$1,550 favorable b.$1,550 unfavorable c.$3,752 unfavorable d.$3,752 favo
rable
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Principles Of Auditing And Other Assurance Services
Authors: Ray Whittington, Kurt Pany
22nd Edition
126059808X, 978-1260598087
