3 Myers Corporation has the following data related to direct materials costs for November: actual...
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Accounting
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Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,620 pounds of material, $5.00 and standard costs for 4,450 pounds of material at $6.30 per pound.
What is the direct materials quantity variance?
a.$1,071 unfavorable
b.$6,006 favorable
c.$1,071 favorable
d.$6,006 unfavorable
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