How should an efficiency variance that is material in amount be treated at the end of an
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How should an efficiency variance that is material in amount be treated at the end of an accounting period?
| 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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