=+12-31 KKK Journal entries (continuation of 12-30) OBJECTIVES 3, 4 Required 1 Prepare journal entries for variable
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=+12-31 KKK Journal entries (continuation of 12-30) OBJECTIVES 3, 4 Required 1 Prepare journal entries for variable and fixed manufacturing overhead (you will need to calculate the various variances to accomplish this).
2 Overhead variances are written off to the Cost of goods sold (COGS) account at the end of the year. Show how COGS is adjusted through journal entries.
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Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 9781442563377
2nd Edition
Authors: Monte Wynder, Madhav V. Rajan, Srikant M. Datar, Charles T. Horngren, William Maguire, Rebecca Tan
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