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Compute the direct materials price variance is

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Reference no: EM132585158

Myers Corporation has the following data related to direct materials costs for November: actual cost for 4,660 pounds of material at $5.30 and standard cost for 4,410 pounds of material at $6.20 per pound.

Question 1: The direct materials price variance is

a. $1,550 unfavorable

b. $4,194 unfavorable

c. $4,194 favorable

d. $1,550 favorable

Reference no: EM132585158

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