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15. Myers Corporation has the following data related to direct materials costs for November:...

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Question

Accounting

15.

Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,610 pounds of material, $5.40 and standard costs for 4,450 pounds of material at $6.20 per pound.

What is the direct materials quantity variance?

a.$992 favorable

b.$3,688 favorable

c.$3,688 unfavorable

d.$992 unfavorable

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