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Company Z uses a standard cost system that carries materials at actual price until they are transferred to the WIP account. In project A, 500

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Company Z uses a standard cost system that carries materials at actual price until they are transferred to the WIP account. In project A, 500 units of X were used at a cost of $10 per unit. Standards require 450 units to complete this project. The standard price is established at $9 per unit. What is the proper journal entry

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