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|lllustration 10 Stocks are issued at a standard price and the following transactions occurred for a specific material: The debit balance of price variation on

image text in transcribed |lllustration 10 Stocks are issued at a standard price and the following transactions occurred for a specific material: The debit balance of price variation on 1st January was 20. Show the stock account for the material for the month of January, indicating how you would deal with the difference in material price variance, when preparing the Profit and Loss Account for the month

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