Juan Companys output for the current period was assigned a $ 150,000 standard direct materials cost. The

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Juan Company’s output for the current period was assigned a $ 150,000 standard direct materials cost. The direct materials variances included a $ 12,000 favorable price variance and a $ 2,000 favorable quantity variance. What is the actual total direct materials cost for the current period?

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Fundamental accounting principle

ISBN: 978-0078025587

21st edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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