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Cost Management 6th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins
Edition 6ISBN: 978-0078025532Cost Management 6th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins
Edition 6ISBN: 978-0078025532 Exercise 31
Refer to your answer to 15-23 and 15-24 and the journal entries made in conjunction with 15-25. Given this information, provide the appropriate journal entries: (a) to record the overhead variances for the period (thereby closing out the balance in the Factory Overhead account), and (b) to close the variance accounts to CGS at the end of the period.
Explanation
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Cost Variance and Capacity Management:
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Cost Management 6th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins
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