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The following data relate to direct materials costs for November: Actual costs...

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Question

Accounting

The following data relate to direct materials costs for November:

Actual costs 4,700 pounds at $5.40
Standard costs 4,500 pounds at $6.00

What is the direct materials quantity variance?

Group of answer choices

$2,700 favorable

$1,200 favorable

$2,700 favorable

$1,200 unfavorable

Answer & Explanation Solved by verified expert
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