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For Companies Using Standard Costing Accounting Procedures, When Recording the Use

Question 52

Multiple Choice

For companies using standard costing accounting procedures, when recording the use of direct materials in the production process, Work in process inventory is debited for which of the following?


A) Standard quantity for actual production times standard cost per pound
B) Standard quantity for actual production times actual cost per pound
C) Actual quantity times standard cost per pound
D) Actual quantity times actual cost per pound

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