Marshall Company Uses a Standard Cost System $\quad 300,000$

question 145

Multiple Choice

Marshall Company uses a standard cost system.In April,$266,000 of variable manufacturing overhead costs were incurred and the flexible-budget amount for the month was $300,000.Which of the following variable manufacturing overhead entries would have been recorded for March?

• A)Accounts Payable Control and other accounts \( \quad 300,000 \)
• Work-in-Process Control\( \quad 300,000 \)
• B)Variable Manufacturing Overhead Allocated \( \quad 300,000 \)
• Accounts Payable and other accounts\( \quad 300,000 \)
• C)Work-in-Process Control\(\quad266,000\)
• Accounts Payable Control and other accounts\(\quad266,000\)
• D)Variable Manufacturing Overhead Control \(\quad266,000\)
• Accounts Payable Control and other accounts\(\quad266,000\)

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Definitions:

Open Sentence

An algebraic expression that contains at least one variable and becomes either true or false when specific values are substituted for the variables.

Closed Sentence

In logic and mathematics, a statement or expression that is either always true or always false, containing no free variables.

Constant

A value that does not change in mathematical expressions or in programming, it represents fixed values.

Quantified Universal

A logical statement that asserts that all members of a particular category meet a specific condition.