Match each following cost flows with their corresponding job-costing event from the items listed below.* Each term may be used more than once, and it is possible that one or more of the classifications may not be used at all.
-Insignificant overhead variance closed to costs of goods

Question

Quizplus · Accepted Answer

Insignificant overhead variance is typically closed to cost of goods at the end of the year to adjust the cost of goods sold for any small differences between actual and applied overhead.

Match Each Following Cost Flows with Their Corresponding Job-Costing Event