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 83 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
:D TYSM


flexer1n1

  • Member
  • Posts: 373
Reply 3 on: Yesterday
Excellent

 

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?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

For a complete list of videos, visit our video library