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Business, 13.02.2020 22:46 steelersfan4343

Moira Company has just finished its first year of operations and must decide which method to use for adjusting inventory accounts. Because the company used a budgeted indirect-cost rate for its manufacturing operations, the amount that was allocated ($435,000) to cost of goods sold was different from the actual amount incurred ($425,000). Ending balances in the affected accounts were:

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