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If Miller Company Makes the Following Journal Entry: It

Question 2

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If Miller Company makes the following journal entry: 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. 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:

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