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Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,660 pounds of material at $5.30 and standard costs
Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,660 pounds of material at $5.30 and standard costs for 4,460 pounds of material at $6.00 per pound.
The direct materials quantity variance is
a.$3,262 favorable
b.$1,200 favorable
c.$1,200 unfavorable
d.$3,262 unfavorable
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