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

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Accounting

Myers Corporation has the following data related to direct materials costs for November: actual cost for 4,700 pounds of material at $5.30 per pound and standard cost for 4,420 pounds of material at $6.20 per pound.

The direct materials price variance is

a.$4,230 unfavorable

b.$1,736 favorable

c.$4,230 favorable

d.$1,736 unfavorable

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