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Given the Following Account Balances at the End of the First

Question 57

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Given the following account balances at the end of the first year of operations: Given the following account balances at the end of the first year of operations:   Assuming that variances are considered material, the entry and amount of the direct material price variance allocated to Cost of Goods Sold is A)  Debit $40,625 B)  Debit $41,082 C)  Credit $43,333 D)  Debit $39,935 Assuming that variances are considered material, the entry and amount of the direct material price variance allocated to Cost of Goods Sold is


A) Debit $40,625
B) Debit $41,082
C) Credit $43,333
D) Debit $39,935

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