Question
A standard costing system will produce the same income as an actual costing system when standard cost variance are closed to: a. working-in-process b. working-in-process
A standard costing system will produce the same income as an actual costing system when standard cost variance are closed to:
a. working-in-process
b. working-in-process and finished goods
c. cost of good sold
d. cost of good sold and invetories
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Introduction To Accounting
Authors: Peter Scott
2nd Edition
0198849966, 978-0198849964
