Refer to your answer to 15-23 and 15-24 and the journal entries made in conjunction with 15-25.

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Refer to your answer to 15-23 and 15-24 and the journal entries made in conjunction with 15-25. Given this information, provide the appropriate journal entries:

(a) To record the overhead variances for the period (thereby closing out the balance in the Factory Overhead account),

(b) To close the variance accounts to CGS at the end of the period.

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Cost management a strategic approach

ISBN: 978-0073526942

5th edition

Authors: Edward J. Blocher, David E. Stout, Gary Cokins

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Question Posted: Apr 18, 2013 05:51 AM

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Refer to your answer to 15-23 and 15-24 and the journal entries made in conjunction with 15-25.

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a To Record Factory Overhead Variances Dr Production Vol...View the full answer

Cost management a strategic approach

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