Bismith Company Reported: To Record the Write-Off of These Variances at the End

question 76

Multiple Choice

Bismith Company reported:

To record the write-off of these variances at the end of the accounting period, Bismith would ________.

• A) credit Fixed Manufacturing Overhead Allocated for $700,000
• B) debit Fixed Manufacturing Overhead Spending Variance for $40,000
• C) credit Fixed Manufacturing Production-Volume Variance for $30,000
• D) debit Fixed Manufacturing Control for $700,000

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Definitions:

Central Nervous System

The complex network of the brain and spinal cord serving as the primary processing center for the entire nervous system, coordinating thought, action, and sensation.

Autonomic Nervous System

The part of the nervous system that controls involuntary bodily functions, such as heartbeat, breathing, and digestion.

Sprained Ankle

An injury to the ligaments around the ankle, often due to twisting or turning the foot beyond its normal movements.

Sensory Neurons

Nerve cells that are responsible for converting external stimuli from the environment into corresponding internal stimuli, allowing for the perception of sensory information.