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Wainwright has budgeted construction overhead for August of $435,000 for fixed costs. Actual costs ...

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Wainwright has budgeted construction overhead for August of $435,000 for fixed costs. Actual costs ...

Wainwright has budgeted construction overhead for August of $435,000 for fixed costs. Actual costs for the month totaled for $450,000 for fixed. Allocated fixed overhead totaled $430,000. The company tracks each item in an overhead control account before allocations are made to individual jobs. The fixed overhead spending variance for August was $15,000 unfavorable for fixed.

Required:
a.Make journal entries for the actual costs incurred.
b.Make journal entries to record the variances for August.

Textbook

Cost Accounting: A Managerial Emphasis

Edition: 16^th

Authors: Horngren, Datar, Rajan

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More solutions for this book are available here

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travis Author

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6 years ago

I appreciate what you did here, answered it right Smiling Face with Open Mouth

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Correct

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Thanks

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