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Rosa Rosa
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Posts: 135
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A year ago
The following information relating to variable overhead is available for Haven Industries:

Spending variance$4,000 unfavorable
Efficiency variance$7,000 favorable

Which of the following is the correct journal entry to record the spending and efficiency variances?

Manufacturing Overhead3,000
Variable Overhead Spending Variance4,000
    Variable Overhead Efficiency Variance7,000


Variable Overhead Spending Variance4,000
Variable Overhead Efficiency Variance7,000
    Manufacturing Overhead11,000


Variable Overhead Efficiency Variance7,000
    Manufacturing Overhead3,000
    Variable Overhead Spending Variance4,000


Manufacturing Overhead11,000
    Variable Overhead Spending Variance4,000
    Variable Overhead Efficiency Variance7,000
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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aupadhay287aupadhay287
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A year ago
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