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Home Q & A Board Other Fields Homework Help Business Accounting
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jerico jerico
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9 years ago
Osium Company made the following journal entry:

Variable Manufacturing Overhead Allocated   200,000
Variable Manufacturing Overhead Efficiency Variance   60,000
   Variable Manufacturing Overhead Control   250,000
   Variable Manufacturing Overhead Spending Variance   10,000

Which of the following statements is true of the given journal entry?
A) Osium overallocated variable manufacturing overhead.
B) A $10,000 unfavorable spending variance was recorded.
C) Work-in-Process is currently overstated.
D) A $60,000 unfavorable efficiency variance was recorded.
Textbook 
Cost Accounting

Cost Accounting


Edition: 14th
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cyborgcyborg
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9 years ago
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jerico Author
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#2
9 years ago
This solved my problem perfectly, thank you for your kind input.
wrote...
#3
9 years ago
Cool! No problem.
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