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Sanchez Company Made the Following Journal Entry

Question 142

Multiple Choice

Sanchez Company made the following journal entry: Sanchez Company made the following journal entry: A) Sanchez overallocated variable manufacturing overhead. B) A $10,000 favorable spending variance was recorded. C) Work-in-Process is currently overstated. D) This entry may be recorded yearly to provide timely feedback to managers.


A) Sanchez overallocated variable manufacturing overhead.
B) A $10,000 favorable spending variance was recorded.
C) Work-in-Process is currently overstated.
D) This entry may be recorded yearly to provide timely feedback to managers.

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