Question: In a standard cost system when goods are completed and transferred from Work In Process Inventory ( WIP ) to Finished Goods ( FG )

In a standard cost system when goods are completed and transferred from Work In Process Inventory (WIP) to Finished Goods (FG) Inventory, the costs in the transfer accounting entry are
standard costs.
assigned costs.
incurred costs.
actual costs.
In a standard cost system when goods are

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