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The easiest way to dispose of variances at the end of the period is to
saratoga 22
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The easiest way to dispose of variances at the end of the period is to
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.
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Managerial Accounting
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th
Author:
Davis
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close the variances to the Cost of Goods Sold account.
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saratoga 22
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Good timing,
thanks!
wyq2651
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This helped my grade so much
jbag1237
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Smart ... Thanks!
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