10026_050310_96 - Journal Entry: Variable OH Control...

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-Chapter 8 Example Problem Handout given in class. Actual x Actual: Actual x Standard: Spending Variance: 89,000 hours 89,000 $18,000 Unfavorable x ? x 8 $730,000 $712,000 Actual x Standard: Standard x Standard: Efficiency Variance: 89,000 4500(2) = 90,000 $8,000 Favorable x ? x 8 $712,000 $720,000
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Unformatted text preview: Journal Entry: Variable OH Control 730,000 Various Accounts 730,000 WIP Control 720,000 Var. OH Allocated 720,000 Closing Entry: Var. OH Allocated 720,000 Var. OH Spending Variance 18,000 Var. OH Efficiency Var. 8000 Variable OH Control 730,000...
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