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 44 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
YES! Correct, THANKS for helping me on my review


AISCAMPING

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Excellent

 

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

For a complete list of videos, visit our video library