This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The balances in the variable overhead control account and the variable overhead control account are ... (Read 112 times)

amal

  • Hero Member
  • *****
  • Posts: 572
on: Mar 6, 2021
The balances in the variable overhead control account and the variable overhead control account are $120,000 and $125,000 respectively. The variable overhead spending variance is $6,000 and the variable overhead efficiency variance is $11,000. Which of the following entries would be required to record the variances in a standard costing system?
◦
Cost of Goods Sold $5,000
Variable Overhead Spending $6,000
Variable Overhead Efficiency Variance$11,000

◦
Work-in-Process$5,000
Variable Overhead Spending $6,000
Variable Overhead Efficiency Variance$11,000

◦
Variable Overhead Allocated $120,000
Variable Overhead Spending Variance $11,000
Variable Overhead Efficiency Variance$6,000
Variable Overhead Control$125,000

◦
Variable Overhead Control$120,000
Variable Overhead Spending Variance $11,000
Variable Overhead Efficiency Variance$6,000
Variable Overhead Allocated$125,000
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

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

l.stuut

  • Sr. Member
  • ****
  • Posts: 345
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.
Answer Preview
Only 29% of students answer this correctly


amal

  • Member
  • Posts: 572
Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it

lcapri7

  • Member
  • Posts: 350
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Genetic control of flower symmetry. Genetic control of flower symmetry.
The proportion of obese and extremely obese adults in the United States has increased over the past The proportion of obese and extremely obese adults in the United States has increased over the past
Negative feedback control of a regulated variable. Negative feedback control of a regulated variable.
Emission Control Limit Emission Control Limit
Many fuel-control oxygen sensors are located in the exhaust manifold near its outlet so that the ... Many fuel-control oxygen sensors are located in the exhaust manifold near its outlet so that the ...
Separation of Powers and Checks and Balances Separation of Powers and Checks and Balances
Video: Chemical Messengers Animation

For a complete list of videos, visit our video library