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



Title: Bismith Company reported:Actual fixed overhead$500,000Fixed manufacturing overhead spending variance
Post by: jerico on Mar 13, 2015
Bismith Company reported:
   Actual fixed overhead   $500,000
   Fixed manufacturing overhead spending variance   $30,000 unfavorable
   Fixed manufacturing production-volume variance   $20,000 unfavorable

To record the write-off of these variances at the end of the accounting period, Bismith would ________.
A) credit Fixed Manufacturing Overhead Allocated for $500,000
B) debit Fixed Manufacturing Overhead Spending Variance for $30,000
C) credit Fixed Manufacturing Production-Volume Variance for $20,000
D) debit Fixed Manufacturing Control for $500,000


Title: Re: Bismith Company reported:Actual fixed overhead$500,000Fixed manufacturing overhead spending vari
Post by: cyborg on Mar 19, 2015
Content hidden


Title: Re: Bismith Company reported:Actual fixed overhead$500,000Fixed manufacturing overhead spending variance
Post by: jerico on Mar 23, 2015
I can confidently say that it looks and sounds right lol Thank you :) Give this man a thumbs up.


Title: Re: Bismith Company reported:Actual fixed overhead$500,000Fixed manufacturing overhead spending variance
Post by: cyborg on Mar 23, 2015
Sweet, you're welcome.