When Using a Standard Costing System,which of the Following Should

question 17

Multiple Choice

When using a standard costing system,which of the following should be recorded when variable overhead is applied during the period?

• A)Debit manufacturing overhead for the actual overhead costs and credit work in process inventory using a predetermined variable overhead rate
• B)Debit work in process inventory for the actual overhead costs and credit manufacturing overhead using a predetermined variable overhead rate
• C)Credit manufacturing overhead for actual overhead rate and debit work in process inventory using a predetermined variable overhead rate
• D)Credit work in process inventory for the actual overhead and debit manufacturing overhead using a predetermined variable overhead rate

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