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jenny yehudai jenny yehudai
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When using a standard costing system, which of the following should be recorded to transfer units to Finished Goods Inventory?

▸ Debit Finished Goods Inventory for actual cost, and credit Work in Process Inventory for standard cost.

▸ Debit Finished Goods Inventory for actual cost, and credit Work in Process Inventory for actual cost.

▸ Debit Finished Goods Inventory for standard cost, and credit Work in Process Inventory for actual cost.

▸ Debit Finished Goods Inventory for standard cost, and credit Work in Process Inventory for standard cost.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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relisabethrelisabeth
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