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Ashurbanipal Ashurbanipal
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Posts: 174
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A year ago
The following information relating to fixed overhead is available for Haven Industries:

Spending variance$6,000 favorable
Volume variance$4,000 unfavorable

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

Manufacturing Overhead10,000
    Fixed Overhead Spending Variance6,000
    Fixed Overhead Volume Variance4,000


Fixed Overhead Volume Variance4,000
Manufacturing Overhead2,000
    Fixed Overhead Spending Variance6,000


Fixed Overhead Spending Variance6,000
Fixed Overhead Volume Variance4,000
    Manufacturing Overhead10,000


Manufacturing Overhead2,000
Fixed Overhead Spending Variance6,000
    Fixed Overhead Volume Variance8,000
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
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whtsi_ep3whtsi_ep3
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Posts: 175
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A year ago
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