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What is the direct materials quantity variance

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Question - Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,630 pounds of material, $5.00; and standard costs for 4,480 pounds of material at $6.00 per pound. What is the direct materials quantity variance?

a. $900 unfavorable

b. $900 favorable

c. $4,630 unfavorable

d. $4,630 favorable

Reference no: EM132598690

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