The final amounts were in for Bramble Corp.'s fixed-MOH costs. The total fixed-MOH costs consisted of $2,500 of insurance (all prepaid), $4,500 in accrued supervisor salaries, $4,600 of factory-related depreciation, and $1,600 in property taxes (paid in cash). Bramble's applied fixed-MOH costs amounted to $14,000 for the year. Further, both fixed-MOH variances were favorable, the price variance being $200 and the volume variance being $600. Record the following journal entries: (1) to recognize the actual fixed-MOH costs incurred, (2) the allocation of fixed-MOH to production, and (3) the final recognition of specific fixed-MOH variances (while closing out the control account). (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.)
Other questions asked by students
The present study shows data for direct flights from Orlando to Miami for one airline. The...
3. The Krov band is touring the UK. They have played eight dates and already their...
Write the Bit configuration of PSW( The Program Status Word ). Â
A 60 kg individual needs to work at a MET level of 8 to reach her...
6 Compare and contrast mitosis and meiosis with respect to their genetic outcomes
1 point Which equation can be used to correctly solve for the value of x...
16. Home Appliances Co. wants to introduce a new digital display, laser driven iron to...
Willetta Company purchases inventory for $22,000 with terms 2/10, n/30. It then returns $3,200 of...