Sanchez Company's output for the current period was assigned a $350,000 standard direct materials cost. The direct materials variances included a $36,000 favorable price variance and a $29,000 unfavorable quantity variance. What is the actual total direct materials cost for the current period?
Sanchez Company's output for the current period was assigned a $350,000 standard direct materials cost. The direct materials variances included a $36,000 favorable price variance and a $29,000 unfavorable quantity variance. What is the actual total direct materials cost for the current period?
Chapter8: Standard Costs And Variances
Section: Chapter Questions
Problem 13PA: Recompute the variances from the second Acme Inc. exercise using $0.0725 as the standard cost of the...
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The actual total direct material cost for the current period ?
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