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Title: When using a standard costing system, which of the following should be recorded when finished goods are sold? Post by: Kiyaa on Feb 5, 2023 When using a standard costing system, which of the following should be recorded when finished goods are sold?
▸ Debit Cost of Goods Sold for actual cost, and credit Finished Goods Inventory for actual cost. ▸ Debit Cost of Goods Sold for standard cost, and credit Finished Goods Inventory for actual cost. ▸ Debit Cost of Goods Sold for actual cost, and credit Finished Goods Inventory for standard cost. ▸ Debit Cost of Goods Sold for standard cost, and credit Finished Goods Inventory for standard cost. Title: When using a standard costing system, which of the following should be recorded when finished goods are sold? Post by: penmc on Feb 5, 2023 Content hidden
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