Answer: Cost of goods sold account
Explanation:
When a company is operating a Standard Cost system, all their inventory accounts will be recorded at their standard costs.
The Variances that exist between the Standard and Actual costs will be recorded in the variance accounts as well as the manufacturing overhead account.
At the end of the fiscal year, the balances on these accounts are sent to the Cost of Goods sold account to reflect true cost.
Answer:
Poverty & Hunger
Explanation:
Hi there,
Poverty and hunger are widespread problems that have existed for a large portion of human history. Even before the pandemic, people were already struggling to feed their families and in some cases, starving. This problem is very widespread and even occurs in countries that are considered "developed".
This is just a suggestion! There can be other answers that are just as correct.
Hope this answer helps. Cheers.
Economy of scale is <span>a proportionate saving in costs gained by an increased level of production</span>
Answer:
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