If the net of all variances is immaterial relative to the total production costs incurred during the period, the net variance is:
A) treated as an adjustment to cost of goods sold.
B) ignored.
C) treated as an adjustment to work in process, finished goods, and cost of goods sold.
D)treated as an adjustment to manufacturing overhead.

Question

Quizplus · Accepted Answer

The Answer of If the net of all variances is immaterial relative to the total production costs incurred during the period, the net variance is:
A) treated as an adjustment to cost of goods sold.
B) ignored.
C) treated as an adjustment to work in process, finished goods, and cost of goods sold.
D)treated as an adjustment to manufacturing overhead.

If the Net of All Variances Is Immaterial Relative to the Total