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A Company Uses Job-Order Costing

Question 57

Multiple Choice

A company uses job-order costing.At the end of the year,applied factory overhead costs were $10,000 and actual factory overhead costs were $12,000.The company uses the immediate write-off method to dispose of variances.What journal entry is necessary under the immediate write-off method?


A) A company uses job-order costing.At the end of the year,applied factory overhead costs were $10,000 and actual factory overhead costs were $12,000.The company uses the immediate write-off method to dispose of variances.What journal entry is necessary under the immediate write-off method?  A)    B)    C)    D)
B) A company uses job-order costing.At the end of the year,applied factory overhead costs were $10,000 and actual factory overhead costs were $12,000.The company uses the immediate write-off method to dispose of variances.What journal entry is necessary under the immediate write-off method?  A)    B)    C)    D)
C) A company uses job-order costing.At the end of the year,applied factory overhead costs were $10,000 and actual factory overhead costs were $12,000.The company uses the immediate write-off method to dispose of variances.What journal entry is necessary under the immediate write-off method?  A)    B)    C)    D)
D) A company uses job-order costing.At the end of the year,applied factory overhead costs were $10,000 and actual factory overhead costs were $12,000.The company uses the immediate write-off method to dispose of variances.What journal entry is necessary under the immediate write-off method?  A)    B)    C)    D)

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