Question
29) The journal entry to record the completion of manufactured units under a standard costing system would be: Group of answer choices debit to Work-in-Process
29) The journal entry to record the completion of manufactured units under a standard costing system would be:
Group of answer choices
debit to Work-in-Process Inventory and credit to Finished Goods
debit to Finished Goods and credit to Work-in-Process Inventory
debit to Cost of Goods Sold and credit to Finished Goods
debit to Variable Factory Overhead and credit to Raw Materials Inventory
30) At the break-even point, fixed costs are always:
Group of answer choices
more than the variable cost
less than the contribution margin
more than the contribution margin
equal to the contribution margin
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