Question: How should a usage (efficiency) variance that is significant in amount be treated at the end of an accounting period? mki55 Reported as a deferred

How should a usage (efficiency) variance that is significant in amount be treated at the end of an accounting period? mki55 Reported as a deferred charge or credit Allocated among work-in-process inventory, finished goods inventory, and cost of goods sold Charged or credited to cost of goods manufactured Allocated among cost of goods manufactured, finished goods inventory, and cost of goods sold

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