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The Following Information Relating to Fixed Overhead Is Available for Haven

Question 6

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The following information relating to fixed overhead is available for Haven Industries:
Spending variance         ~~~~~~~~        ~~~~~~~~ $6,000 favorable
Volume variance         ~~~~~~~~        ~~~~~~~~ $4,000 unfavorable
Which of the following is the correct journal entry to record the spending and efficiency variances?
The following information relating to fixed overhead is available for Haven Industries: Spending variance ~~~~~~~~~~~~~~~~ $6,000 favorable Volume variance ~~~~~~~~~~~~~~~~ $4,000 unfavorable Which of the following is the correct journal entry to record the spending and efficiency variances?

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