Question: Why is the direct materials usage variance allocated only to WIP Inventory, Finished Goods Inventory, and cost of goods sold (COGS)? Multiple Choice It

Why is the direct materials usage variance allocated only to WIP Inventory,

Why is the direct materials usage variance allocated only to WIP Inventory, Finished Goods Inventory, and cost of goods sold (COGS)? Multiple Choice It occurs before direct materials are issued to production. It occurs while direct materials are issued to production These are the only accounts that deal with direct materials It occurs after direct materials are issued to production. None of the answer choices are correct

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