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

Author Question: Bismith Company reported: Actual fixed overhead$700,000Fixed manufacturing overhead spending ... (Read 227 times)

dejastew

  • Hero Member
  • *****
  • Posts: 562
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

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

alvinum

  • Sr. Member
  • ****
  • Posts: 317
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 32% of students answer this correctly


dejastew

  • Member
  • Posts: 562
Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)

xiaomengxian

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Adults in late middle adulthood frequently look forward to spending more time with their partner Adults in late middle adulthood frequently look forward to spending more time with their partner
An intermediate shaft drives the oil pump on this overhead camshaft engine. Note the main gallery ... An intermediate shaft drives the oil pump on this overhead camshaft engine. Note the main gallery ...
This spark plug boot on an overhead camshaft engine has been arcing to the valve cover causing a ... This spark plug boot on an overhead camshaft engine has been arcing to the valve cover causing a ...
Triceps and Side Stretch With Arm Overhead. Triceps and Side Stretch With Arm Overhead.
A company spends $117 500 today and has positive cash inflows of $34 000 for each of the next 6 ... A company spends $117 500 today and has positive cash inflows of $34 000 for each of the next 6 ...
A company purchased 26 desks for $240 each and 18 chairs for $59 each. Compute the total ... A company purchased 26 desks for $240 each and 18 chairs for $59 each. Compute the total ...
Video: Chronology of leptin research (A history of leptin research)

For a complete list of videos, visit our video library