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Business, 14.06.2021 16:00 ggg509

When a journal entry is made in a standard cost system to record the liability for direct manufacturing labor costs, the difference between the debits to the work in process accounts and the credits to the payroll payable is:a. only the price variance. b. only the efficiency variance. c. the difference between the actual costs incurred and the budgeted costs. d. the price and the efficiency labor variances.

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