A Large Labor Efficiency Variance Is Prorated to Which of the Following

question 45

Multiple Choice

A large labor efficiency variance is prorated to which of the following at year-end? $\begin{array}{lll}&\text{WIP}&\text{FG}\\\underline{\text{Cost of GoodsSold}}&\underline{\text{Inventory}}&\underline{\text{Inventory}}\end{array}$

• A)no no no
• B)no yes yes
• C)yes no no
• D)yes yes yes

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