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Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,670 pounds of material at $5.00 and standard costs
Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,670 pounds of material at $5.00 and standard costs for 4,490 pounds of material at $6.20 per pound. The direct materials quantity variance is
a. $1,116 unfavorable b. $1,116 favorable c. $5,604 unfavorable d. $5,604 favorable
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