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All of the following methods may be used to account for the revenue from scrap sales except: Credit Factory Overhead, if the scrap cannot be
All of the following methods may be used to account for the revenue from scrap sales except: Credit Factory Overhead, if the scrap cannot be identified with a specific job. Credit Materials, if the scrap would have been able to be recycled. Credit Work in Process, if the scrap is identified with a specific job. Credit Scrap Revenue, which is included in the "Other Income" section of the income statement
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