Explain two available treatments for disposing of overhead variances at the end of a period.

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Cost management a strategic approach

ISBN: 978-0073526942

5th edition

Authors: Edward J. Blocher, David E. Stout, Gary Cokins

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Question Posted: Apr 18, 2013 05:51 AM

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Explain two available treatments for disposing of overhead variances at the end of a period.

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If a standard cost system is used variances related to overhead costs can be recorded formally in the accounting records Such variances however are considered temporary accounts which at the end of th...View the full answer

Cost management a strategic approach

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