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riddhi riddhi
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Posts: 323
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5 years ago
If the two trigger points are completion of good finished units of product and sale of finished goods, which of the following entries would be used to record cost of finished units completed under backflush costing?
A) Finished Goods$341,000
Inventory Control$244,125
Conversion Costs Allocated$96,875
B) Finished Goods$354,200
Inventory: Raw Materials$253,575
Conversion Costs Allocated$100,625
C) Finished Goods$354,200
Accounts Payable Control$253,575
Conversion Costs Allocated$100,625
D) Inventory Inventory Control$244,125
Conversion Costs Allocated$96,875
Finished Good$341,000
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riddhi
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Fifagirl101Fifagirl101
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#1
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5 years ago
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riddhi Author
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#2
5 years ago
Marking this solved, moving on to the next...
riddhi
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