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Other Fields Homework Help Accounting Topic started by: saratoga 22 on Feb 5, 2023



Title: The easiest way to dispose of variances at the end of the period is to
Post by: saratoga 22 on Feb 5, 2023
The easiest way to dispose of variances at the end of the period is to

▸ carry the variances over to the following period.

▸ close the variances to Work in Process Inventory and Finished Goods Inventory accounts.

▸ close the variances to Raw Materials Inventory.

▸ close the variances to the Cost of Goods Sold account.


Title: The easiest way to dispose of variances at the end of the period is to
Post by: RobnHood on Feb 5, 2023
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