Top Posters
Since Sunday
L
3
d
3
y
3
a
3
n
3
d
3
e
3
d
3
c
3
p
3
M
3
a
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
dxpayne dxpayne
wrote...
Go to Answer
Posts: 930
Rep: 1 0
6 years ago
If Miller Company makes the following journal entry:

Variable Overhead Allocated   50,000
Variable Overhead Efficiency Variance   15,000
                            Variable Overhead Control   62,500
Variable Overhead Rate Variance   2,500

It may be inferred that
A) Miller over-allocated variable manufacturing overhead.
B) the net variance is a $12,500 favourable rate variance.
C) actual variable manufacturing overhead costs were $62,500.
D) the journal entry accounts are incorrect.
E) the net variance is $12,500 unfavourable.
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
Read 114 times
2 Replies
Replies
Answer verified by a subject expert
pachopacho
wrote...
#1
Top Poster
Posts: 682
Rep: 38 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1
-Michigan State University

Related Topics

dxpayne Author
wrote...
#2
5 years ago
Beauty, thank you!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1161 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 723
  
 321
  
 294
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 405
Previous poll results: Who's your favorite biologist?