When the Net Amount of All Product Cost Variances Is

Multiple Choice

When the net amount of all product cost variances is not material during the period relative to the total production costs incurred, the net variance is:

A) treated as an adjustment to cost of goods sold.
B) treated as an adjustment to cost of goods manufactured.
C) treated as an adjustment to work in process, finished goods, and cost of goods sold.
D) treated as an adjustment to manufacturing overhead.