Accounting for variances

Discussion in 'General Accountancy Discussion' started by Jhasminep, Jul 17, 2017.

  1. Jhasminep


    Jul 17, 2017
    Likes Received:
    Hi! We are trying to compare the journal entries for a manufacturing company when it comes to periodic and perpetual inventory systems, focusing on variances (materials, labor, overhead). Most illustrations for the entries for variances are, I think, most likely applicable to perpetual systems. I want to know if there are differences when it comes to periodic systems. Thank you!
    Jhasminep, Jul 17, 2017
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