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Author Question: Which of the following journal entries is used to record fixed overhead costs allocated? (Read 86 times)

kodithompson

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on: Mar 6, 2021

Question 1

Which of the following is the correct mathematical expression to calculate the fixed overhead production-volume variance?
◦ static-budget amount − flexible-budget amount
◦ flexible-budget amount − actual costs incurred
◦ actual costs incurred − fixed overhead allocated for actual output
◦ budgeted fixed overhead − fixed overhead allocated for actual output

Question 2

Which of the following journal entries is used to record fixed overhead costs allocated?
◦ Fixed Overhead Allocated
 Work-in-Process Control
◦ Work-in-Process Control
 Fixed Overhead Allocated
◦ Fixed Overhead Control
 Work-in-Process Control
◦ Fixed Overhead Allocated
 Fixed Overhead Control
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by kodithompson on Mar 6, 2021

mammy1697

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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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kodithompson

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Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)

aruss1303

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

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