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Myers Corporation has the following data related to direct materials costs for November: actual cost for 4,620 pounds of material at $5.40 per pound and

Myers Corporation has the following data related to direct materials costs for November: actual cost for 4,620 pounds of material at $5.40 per pound and standard cost for 4,430 pounds of material at $6.40 per pound. The direct materials price variance is

a. $1,216 favorable b. $4,620 unfavorable c. $1,216 unfavorable d. $4,620 favorable

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