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 93 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
Great answer, keep it coming :)


coreycathey

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

For a complete list of videos, visit our video library