Which of the Following Entries Is Used to Record the Standard

question 117

Multiple Choice

Which of the following entries is used to record the standard costs of direct materials assigned to units worked on and total direct materials variances?

• A) Work in Process (at standard costs) Direct Materials Variances
• Direct Materials Control
• B) Work in Process (at actual costs) Direct Materials Variances
• Direct Materials Control
• C) Direct Materials Variances Direct Materials Control
• Work in Process (at standard costs)
• D) Direct Materials Variances Direct Materials Control
• Work in Process (at actual costs)

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Definitions:

Conducting Business Online

The act or process of carrying out transactions, marketing, or operational tasks over the Internet.

C2C Site

Consumer-to-consumer site, an online platform that allows consumers to sell goods and services to each other.

Social Networks

Online platforms that enable users to connect, interact, and share content with others, often organized around personal, professional, or thematic interests.

Subcategory of E-commerce

A specific division or smaller category within the broader realm of electronic commerce, focusing on a particular type of products, services, or business models.