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A Company Had the Following Information Pertaining to Two Different

Question 99

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A company had the following information pertaining to two different cases:
A company had the following information pertaining to two different cases:    -Prorating the variances refers to assigning the variances to A)  cost of goods sold only. B)  inventories and cost of goods sold. C)  inventories only. D)  inventories, cost of goods sold, and sales.
-Prorating the variances refers to assigning the variances to


A) cost of goods sold only.
B) inventories and cost of goods sold.
C) inventories only.
D) inventories, cost of goods sold, and sales.

Correct Answer:

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