Prorate Variances: Refer to the variance calculations for exercise 20-16. Assume seventy-five percent of the units produced

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Prorate Variances: Refer to the variance calculations for exercise 20-16. Assume seventy-five 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: 9780256069198

3rd Edition

Authors: Edward B. Deakin, Michael Maher

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