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Which of the following correctly demonstrates the comparison of the four-variance method of factory overhead analysis to the two-variance method of factory overhead analysis?
a. The sum of the fixed and variable spending variances in the four-variance method is equal to the flexible-budget variance in the two-variance method.
b. The sum of the fixed and variable spending and variable efficiency variances in the four-variance method is equal to the flexible-budget variance in the two-variance method.
c. The sum of the fixed and variable spending, variable efficiency and production-volume variances in the four-variance method is equal to the flexible-budget variance in the two-variance method.
d. The fixed spending variance in the four-variance method is equal to the flexible-budget variance in the two-variance method.
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Prepare journal entries to record the issuance of bonds on Jan. 1, 2011; (b) the first interest payment on June 30, 2011; and the second interest payment on Dec. 31, 2011.
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question 1 recognize some factors that might be expected to describe why different countries use different systems of
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question which of the subsequent statements is incorrect?a. stockholders equity accounts usually have credit
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