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Sanchez Company's output for the current period was assigned a $350,000 standard direct materials cost. The direct materials variances included a $8,750 favorable price variance

Sanchez Company's output for the current period was assigned a $350,000 standard direct materials cost. The direct materials variances included a $8,750 favorable price variance and a $5,250 unfavorable quantity variance. What is the actual total direct materials cost for the current period?

A.$358,750

B.$353,500

C.$336,000

D.$346,500

E.$364,000.

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