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Author Question: Bismith Company reported: Actual fixed overhead$700,000Fixed manufacturing overhead spending ... (Read 206 times)

dejastew

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on: Mar 6, 2021

Question 1

An unfavorable fixed overhead spending variance indicates that ________.
◦ there was more excess capacity than planned
◦ the price of fixed overhead items cost more than budgeted
◦ the fixed overhead cost-allocation base was not used efficiently
◦ the denominator level was more than planned

Question 2

Bismith Company reported:
Actual fixed overhead$700,000
Fixed manufacturing overhead spending variance$40,000 unfavorable
Fixed manufacturing production-volume variance$30,000 unfavorable

To record the write-off of these variances at the end of the accounting period, Bismith would ________.
◦ credit Fixed Manufacturing Overhead Allocated for $700,000
◦ debit Fixed Manufacturing Overhead Spending Variance for $40,000
◦ credit Fixed Manufacturing Production-Volume Variance for $30,000
◦ debit Fixed Manufacturing Control for $700,000
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by dejastew on Mar 6, 2021

alvinum

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Reply #1 on: Mar 6, 2021
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.
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dejastew

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Reply 2 on: Mar 6, 2021
Excellent

apple

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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