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Other Fields Homework Help Accounting Topic started by: jerico on Mar 13, 2015



Title: Teddy Company uses a standard cost system. In May, $234,000 of variable manufacturing overhead costs
Post by: jerico on Mar 13, 2015
Teddy Company uses a standard cost system. In May, $234,000 of variable manufacturing overhead costs were incurred and the flexible-budget amount for the month was $240,000. Which of the following variable manufacturing overhead entries would have been recorded for May?
A) Accounts Payable Control and other accounts   240,000
   Work-in-Process Control   240,000
B) Work-in-Process Control   240,000
   Variable Manufacturing Overhead Allocated   240,000
C) Work-in-Process Control   234,000
   Accounts Payable Control and other accounts   234,000
D) Accounts Payable Control and other accounts   234,000
   Variable Manufacturing Overhead Control   234,000


Title: Re: Teddy Company uses a standard cost system. In May, $234,000 of variable manufacturing overhead c
Post by: cyborg on Mar 19, 2015
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Title: Re: Teddy Company uses a standard cost system. In May, $234,000 of variable manufacturing overhead costs
Post by: jerico on Mar 23, 2015
Thank you for the help. I took this course as an elective, glad it's over in three weeks. Great textbook though!


Title: Re: Teddy Company uses a standard cost system. In May, $234,000 of variable manufacturing overhead costs
Post by: cyborg on Mar 23, 2015
;D