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Author Question: The balances in the variable overhead control account and the variable overhead control account are ... (Read 144 times)

amal

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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?
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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

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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
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Marked as best answer by amal on Mar 6, 2021

l.stuut

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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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amal

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Reply 2 on: Mar 6, 2021
:D TYSM

ashely1112

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

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