Refer to the variance calculations for exercise 20.16. Assume 75 percent of the units produced were sold.

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Refer to the variance calculations for exercise 20.16. Assume 75 percent of the units produced were sold. Prorate the variances to ending Finished Goods Inventory (25%)

and Cost of Goods Sold (75%).

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Cost Accounting

ISBN: 9780256257113

4th Edition

Authors: Michael W. Maher, Edward B. Deakin

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