ACCOUNTING
Multiple Choice
Jovana Company uses a standard cost system. In March, $117,000 of variable manufacturing overhead costs was incurred and the flexible-budget amount for the month was $120,000. Which of the following variable manufacturing overhead entries would have been recorded for March?
a. Accounts Payable Control and other accounts $120,000
Work-in-Process Control $120,000
b. Work-in-Process Control $120,000
Variable Manufacturing Overhead Allocated $120,000
c. Work-in-Process Control $117,000
Accounts Payable Control and other accounts $117,000
d. Accounts Payable Control and other accounts $117,000
Variable Manufacturing Overhead Control $117,000
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