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The following data relate to direct materials costs for November: Actual costs 4,649 pounds at $5.20 Standard costs 4,424 pounds at $6.30 What is the

The following data relate to direct materials costs for November: Actual costs 4,649 pounds at $5.20 Standard costs 4,424 pounds at $6.30 What is the direct materials price variance? Select the correct answer. $5,114 unfavorable $5,114 favorable $1,418 favorable

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