This topic contains a solution. Click here to go to the answer

Author Question: Osium Company made the following journal entry: Variable Manufacturing Overhead ... (Read 110 times)

2125004343

  • Hero Member
  • *****
  • Posts: 566
Osium Company made the following journal entry: 

Variable Manufacturing Overhead Allocated250,000
Variable Manufacturing Overhead Efficiency Variance80,000
Variable Manufacturing Overhead Control300,000
Variable Manufacturing Overhead Spending Variance30,000

Which of the following statements is true of the given journal entry?
◦ Osium overallocated variable manufacturing overhead.
◦ A $30,000 unfavorable spending variance was recorded.
◦ Work-in-Process is currently overstated.
◦ A $80,000 unfavorable efficiency variance was recorded.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by 2125004343 on Mar 6, 2021

milbourne11

  • Sr. Member
  • ****
  • Posts: 322
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 59% of students answer this correctly




2125004343

  • Member
  • Posts: 566
Reply 2 on: Mar 6, 2021
Excellent


lkanara2

  • Member
  • Posts: 329
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

For a complete list of videos, visit our video library