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Juan Companys output for the current period was assigned a $130,000 standard direct materials cost. The direct materials variances included a $11,000 favorable price variance

Juan Companys output for the current period was assigned a $130,000 standard direct materials cost. The direct materials variances included a $11,000 favorable price variance and a $3,000 favorable quantity variance. What is the actual total direct materials cost for the current period?

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