Multiple Choice
If Miller Company makes the following journal entry: It may be inferred that
A) Miller over-allocated variable manufacturing overhead.
B) the net variance is a $12,500 favourable rate variance.
C) actual variable manufacturing overhead costs were $62,500.
D) the journal entry accounts are incorrect.
E) the net variance is $12,500 unfavourable.
Correct Answer:

Verified
Correct Answer:
Verified
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