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The Following Information Relating to Variable Overhead Is Available for Haven

Question 28

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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?
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?

Correct Answer:

verifed

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Manufacturing overhead = $7,00...

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