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Question Content Area Myers Corporation has the following data related to direct materials costs for November: actual cost for 4 , 6 9 0 pounds

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Myers Corporation has the following data related to direct materials costs for November: actual cost for 4,690 pounds of material at $5.30 and standard cost for 4,410 pounds of material at $6.30 per pound.
The direct materials price variance is
a. $1,764 favorable
b. $4,690 favorable
c. $1,764 unfavorable
d. $4,690 unfavorable

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