Debiting Work in Process Inventory for $102,000 variable OH will result in Decreasing Work in Process Inventory based on Actial Variable OH rate Increasing Work in Process Inventory based on standard Variable OH rate Decreasing Work in Process Inventory based on standard Variable OH rate Increasing Work in Process Inventory based on actual Variable OH rate Debiting Variable Overhead Efficiency Variance means we had an unfavorable outcome T F Crediting Variable Overhead Spending Variance means we had an unfavorable outcome for Variable Overhead Spending Variance T F We normally credit Factory Overhead to apply the actual cost to Overhead to the Work in Process T F

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Question: Debiting Work in Process Inventory for $102,000 variable OH will result in: Decreasing Work in Process Inventory based on Actial Variable OH rate. Increasing Work

Debiting Work in Process Inventory for $102,000 variable OH will result in:
1. Decreasing Work in Process Inventory based on Actial Variable OH rate.
2. Increasing Work in Process Inventory based on standard Variable OH rate.
3. Decreasing Work in Process Inventory based on standard Variable OH rate.
4. Increasing Work in Process Inventory based on actual Variable OH rate.
Debiting Variable Overhead Efficiency Variance means we had an unfavorable outcome. T/F
Crediting Variable Overhead Spending Variance means we had an unfavorable outcome for Variable Overhead Spending Variance. T/F
We normally credit Factory Overhead to apply the actual cost to Overhead to the Work in Process. T/F

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