What will the WIP clearing run post when the perpetual cost method is standard for the finished goods?

The lot production costs are higher than the inventory costs of the finished goods.

What will the WIP clearing run post when the perpetual cost method is standard for the finished goods?
A . Gain from production differences
B . Loss from production differences
C . Correction of the finished goods inventory
D . Correction of the raw material inventory

View Answer

Answer: C