Refer to the data for the Ashwood Company (problems 20.32 and 20.33 above). For this problem, assume
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Refer to the data for the Ashwood Company (problems 20.32 and 20.33 above). For this problem, assume that Ashwood charges all standard costs directly to Cost of Goods Sold and maintains a separate account for variances. At the end of the period, adjustments are made to reflect inventories and to prorate variances.
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