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jerico jerico
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9 years ago
Which of the following journal entries would be recorded when units are sold for the month under backflush costing? ?
A) Cost of Goods Sold   $341,000
   Inventory: Raw and In-Process   $341,000
B) Cost of Goods Sold   $341,000
   Inventory Control   $244,125
   Conversion Costs Allocated   $96,875
C) Inventory Inventory Control   $244,125
   Conversion Costs Allocated   $96,875
   Cost of Goods Sold   $341,000
D) Cost of Goods Sold   $354,200
   Inventory: Raw and In-Process   $253,575
   Conversion Costs Allocated   $96,875
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Cost Accounting

Cost Accounting


Edition: 14th
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cyborgcyborg
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9 years ago
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jerico Author
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#2
9 years ago
Thank you for the help. I took this course as an elective, glad it's over in three weeks. Great textbook though!
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#3
9 years ago
Sweet, you're welcome.
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