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 5,000 pounds of material at $4.50; and standard costs for 4,800 pounds of material at $5.10 per pound. What is the direct materials quantity variance? $1,020 favorable $1,020 unfavorable $900 favorabl $900 unfavorable
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