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Home Q & A Board Other Fields Homework Help Business Accounting
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saratoga 22 saratoga 22
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A year ago
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.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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RobnHoodRobnHood
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A year ago
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saratoga 22 Author
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A year ago
Thanks for your help!!
DaiwalkerX
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Yesterday
This site is awesome
patod1
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2 hours ago
Good timing, thanks!
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