Bismith Company reported:

To record the write-off of these variances at the end of the accounting period,Bismith would ________.

Question

Bismith Company reported:

To record the write-off of these variances at the end of the accounting period,Bismith would ________.

Quizplus · Accepted Answer

The question mentioned "write-off of these variances" which indicates that the variances need to be adjusted through the overhead spending variance account. Therefore, Bismith Company should debit the Fixed Manufacturing Overhead Spending Variance account for $40,000 to record the write-off of these variances. Options A, C, and D are not appropriate in this situation.

Bismith Company Reported: To Record the Write-Off of These Variances at the End