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28- Which one of the following journal entry is recorded when indirect materials are returned by production department to the store? Dr. Work in process

28- Which one of the following journal entry is recorded when indirect materials are returned by production department to the store?

Dr. Work in process Inventory Cr. Factory overhead

Dr. Materials inventory Cr. Factory overhead

Dr. Material inventory Cr. Work in process

None of these

30-

Total of contribution margin calculated for different products under marginal costing can be called:

Gross profit

Fund

Net profit

None of these

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