Marcos Manufacturing assigned a $220,000 standard direct materials cost to its output for the current period. The direct materials variances included a $15,000 favorable price variance and a $3,500 favorable quantity variance. What is the actual total direct materials cost for the current period?help me with this

Marcos Manufacturing assigned a $220,000 standard direct materials cost to its output for the current period. The direct materials variances included a $15,000 favorable price variance and a $3,500 favorable quantity variance. What is the actual total direct materials cost for the current period?help me with this

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 4E: The following data relate to the direct materials cost for the production of 50,000 automobile...

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