Question: A firm uses backflush costing and values inventory using throughput accounting. All cost and unit figures below are equal to budgeted amounts. Total DM 100000

A firm uses backflush costing and values inventory using throughput accounting. All cost and unit figures below are equal to budgeted amounts. Total DM 100000 Total DL 90000 Total OH 70000 Units produced 20000 Units sold 19580 Units in process 100 Which journal entry appropriately backflushes costs to inventory accounts?

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