BUS-A 325 #14

BUS-A 325 #14 - B) A credit to Cost of Goods sold, at...

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Which one of the following journal entries in a standard cost system is needed at the end of the period to close out to Cost of Goods Sold an unfavorable production-volume variance? A) A credit to Cost of Goods sold, at actual cost.
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Unformatted text preview: B) A credit to Cost of Goods sold, at standard cost. C) A debit to Cost of Goods sold. D) A debit to the Production-Volume Variance account. E) A credit to Finished Goods Inventory, at standard cost....
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BUS-A 325 #14 - B) A credit to Cost of Goods sold, at...

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