Edison Manufacturing's output for the current period was assigned a $180,000 standard direct materials cost. The direct materials variances included a $4,800 favorable price variance and a $3,200 unfavorable quantity variance. What is the actual total direct materials cost? a) $179,600 b) $181,600 c) $178,400 d) $182,800

Edison Manufacturing's output for the current period was assigned a $180,000 standard direct materials cost. The direct materials variances included a $4,800 favorable price variance and a $3,200 unfavorable quantity variance. What is the actual total direct materials cost? a) $179,600 b) $181,600 c) $178,400 d) $182,800

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter10: Standard Costing And Variance Analysis

Section: Chapter Questions

Problem 68P: The management of Golding Company has determined that the cost to investigate a variance produced by...

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