Juan company's output for the current solve this general accounting question Juan Company's output for the current period was assigneda $190,000 standard direct materials cost. The direct materialsvariances included a $19,000 favorable price variance anda $2,700 favorable quantity variance. What is the actual totaldirect materials cost for the current period?

Step 1: Define Material Cost"Material cost" refers to the value of raw materials used by the…

Answered: Juan Company's output for the current…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter9: Evaluating Variances From Standard Costs

Section: Chapter Questions

Problem 22E

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Juan Company's output for the current period was assigned a $190,000 standard direct materials cost. The direct materials variances included a $19,000 favorable price variance and a $2,700 favorable quantity variance. What is the actual total direct materials cost for the current period?