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The standard cost income statement lists manufacturing cost, efficiency, and volume variances with credit balances in parentheses because A . they are contra assets and
The standard cost income statement lists manufacturing cost, efficiency, and volume variances with credit balances in parentheses because
A they are contra assets and therefore increase the cost of goods sold
B they are contra assets and therefore decrease the cost of goods sold
C they are contra expenses and therefore increase cost of goods sold
D they are contra expenses and therefore decrease the cost of goods sold
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