Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. myers corporation has the following data related t

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

80.2K

Verified Solution

Question

Accounting

Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,630 pounds of material at $5.20 per pound; and standard costs for 4,450 pounds of material at $6.00 per pound.
What is the direct materials price variance?
a. $3,704 unfavorable
b. $1,080 unfavorable
c. $3,704 favorable
d. $1,080 favorable
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Fully answer the following question in 2 paragraphs using credible resources. Does media play a role...

Psychology
Q

While out on your 3rd floor apartment balcony, you notice someone drop a 8.0 kg ball...

Physics
Q

A buck-boost converter has an input voltage V_in= 10 V, switching frequency fs= 100 kHz, duty...

Electrical Engineering
Q

Describe your experience with espoused and theories-in-practice based on an organization where you work or that...

General Management
Q

Consider the following chemical equation NH3 0 NO H O The equation is unbalanced Which...

Biology
Q

The value of a machine V at the end of t years is given by...

Calculus
Q

n the standard cost formula Y = a + bX, what does the "Y" represent?...

Accounting
Q

Exercise 23-5(Static) Preparing flexible budget performance report LO P1 Nina Company prepared the...

Accounting
Q

Which of the following legal jurisdictions is not appropriate if a taxpayer is dissatisfied with...

Accounting
Q

Based on the following data, what is the current ratio, rounded to one decimal place?...

Accounting
Q

Determine the degree of operating leverage for each alternative (manual system and computerized)

Accounting
Q

Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding Following is the stockholders'...

Accounting