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A general rule concerning a standard costing system is actual costs are never entered into an inventory account. actual costs are always entered into inventory

A general rule concerning a standard costing system is

actual costs are never entered into an inventory account.
actual costs are always entered into inventory accounts.
the difference between standard costs and actual costs are entered into inventory accounts.
None of the above answers is correct.

The overhead variance analysis that shows the greatest amount of detail is the

two-variance analysis method.
three-variance analysis method.
four-variance analysis method.
five-variance analysis method.

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