Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,640
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Question:
Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,640 pounds of material, $5.30; and standard costs for 4,430 pounds of material at $6.10 per pound.
What is the direct materials quantity variance?
$3,712 unfavorable
$3,712 favorable
$1,281 favorable
$1,281 unfavorable
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0133392883
6th Canadian edition
Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ
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