Question: QS 2 1 - 1 0 ( Algo ) Direct materials price and quantity variances LO P 3 For the current period, Juan Company s

QS 21-10(Algo) Direct materials price and quantity variances LO P3
For the current period, Juan Companys standard cost of direct materials is $150,000. The direct materials variances consist of a $18,000 favorable price variance and a $2,700 favorable quantity variance. What is the actual cost of direct materials?

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