Multiple Choice
Myers Corporation has the following data related to direct materials costs for November: actual costs for 5,000 pounds of material, $4.50; And standard costs for 4,800 pounds of material at $5.10 per pound. What is the direct materials price variance?
A) $3,000 favorable
B) $3,000 unfavorable
C) $2,880 favorable
D) $2,880 unfavorable
Correct Answer:
Verified
Correct Answer:
Verified
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