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The following data relate to direct materials costs for November: Actual costs 4,700 pounds at $5.35 Standard costs 4,500 pounds at $6.20 What is the

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The following data relate to direct materials costs for November: Actual costs 4,700 pounds at $5.35 Standard costs 4,500 pounds at $6.20 What is the direct materials price variance? $3,995 favorable $160 favorable $3,760 favorable $3,600 unfavorable

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