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

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Accounting

Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,610 pounds of material, $5.30; and standard costs for 4,460 pounds of material at $6.30 per pound. What is the direct materials quantity variance? $4,610 favorable $945 unfavorable $945 favorable $4,610 unfavorable

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