In a standard cost bookkeeping system, when the actual wage rate paid per hour is higher than
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In a standard cost bookkeeping system, when the actual wage rate paid per hour is higher than the standard wage rate per hour, the accounting entries to record this are Debit Credit A Labour rate variance account Wages control account B Labour rate variance account Work in progress control account C Wages control account Labour rate variance account D Work in progress control account Labour rate variance account
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Related Book For 
CIMA - C01 Fundamentals Of Management Accounting Revision Kit
ISBN: 9780751780734
1st Edition
Authors: BPP Learning Media
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