Question: 1 0 - 1 2 ( Appendix 1 OA ) Which of the following items describes practices surrounding the recording of variances? a . All

10-12(Appendix 1 OA) Which of the following items describes practices surrounding the recording of variances?
a. All inventories are typically carried at standard.
b. Unfavorable variances appear as debits.
c. Favorable variances appear as credits.
d. lmmate1ial va1iances are typically closed to Cost of Goods Sold.
e. All of these.

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