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zimovet [89]
3 years ago
6

Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,670 pounds of materi

al, $5.20 and standard costs for 4,470 pounds of material at $6.20 per pound. What is the direct materials quantity variance
Business
1 answer:
lutik1710 [3]3 years ago
5 0

Answer:

-4670 Favorable

Explanation:

actual- standard = variance

variance * actual lbs of material

5.2-6.2=-1*4670=-4670 Favorable

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