What bis would

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Reference no: EM133001179

Bis Company reported:

Actual fixed overhead$500,000

Fixed manufacturing overhead spending variance $30,000 unfavorable

Fixed manufacturing production-volume variance $20,000 unfavorable

Problem 1: To record the write-off of these variances at the end of the accounting period, Bis would

Question options:

a) credit Fixed Factory Overhead for $500,000

b) debit Fixed Factory Overhead Spending Variance for $30,000

c) credit Production-Volume Variance for $20,000

d) debit Fixed Factory Overhead for $500,000

Reference no: EM133001179

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