Recording overhead variances

Recording overhead variances - 9,130 (1) Raw Materials...

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Recording overhead variances . As manufacturing overhead is incurred, it is recorded in the  manufacturing overhead account. The entry to record the variable and fixed components of  manufacturing overhead is:  General Journal Date Account and Title Description Ref. Debit Credit 20X1 Oct. 31 Manufacturing Overhead
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Unformatted text preview: 9,130 (1) Raw Materials Inventory (Indirect materials) 390 Wages Payable (Indirect labor, variable) 2,795 Maintenance Expense 2,145 Accumulated Depreciation (depreciation exp.) 600 Accounts Payable (rent) 1,000 Wages Payable (Indirect labor, fixed) 2,200 Record October Overhead Costs...
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This note was uploaded on 11/16/2011 for the course ACCT 2310 taught by Professor Staff during the Spring '09 term at Texas State.

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