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Question Content Area Myers Corporation has the following data related to direct materials costs for November: actual costs for 4 , 6 5 0 pounds

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Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,650 pounds of material, $5.30; and standard costs for 4,410 pounds of material at $6.10 per pound.
What is the direct materials price variance?
a. $1,464 favorable
b. $3,720 unfavorable
c. $3,720 favorable
d. $1,464 unfavorable

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