Which is NOT an acceptable method of disposing of variances? a.closing them to work-in-process, finished goods, and
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Question:
Which is NOT an acceptable method of disposing of variances?
a.closing them to work-in-process, finished goods, and cost of goods sold
b.closing them to raw materials, work-in-process, and finished goods
c.closing them to the cost of goods sold
d.All of these choices are acceptable methods.
Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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