Osium Company Made the Following Journal Entry

question 13

Multiple Choice

Osium Company made the following journal entry:

Which of the following statements is true of the given journal entry?

• A) Osium overallocated variable manufacturing overhead.
• B) A $30,000 unfavorable spending variance was recorded.
• C) Work-in-Process is currently overstated.
• D) A $80,000 unfavorable efficiency variance was recorded.

---

Definitions:

Army Lieutenant

A rank in various military forces, typically positioned above second lieutenant and below captain, often responsible for leading small military units.

Assassination Attempt

A failed or thwarted effort to kill a public figure or leader, often motivated by political, personal, or ideological reasons.

George Wallace

George Wallace was an American politician and four-time governor of Alabama, best known for his pro-segregation attitudes during the Civil Rights Movement and his attempt to block the desegregation of the University of Alabama in 1963.

Salvador Allende

The first Marxist to become president of a Latin American country through open elections, serving as President of Chile from 1970 until his death in 1973.