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Tucker Company uses a standard cost system. In March, $133,000 of actual variable manufacturing overhead costs were incurred. The flexible-budget amount for the month was

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Tucker Company uses a standard cost system. In March, $133,000 of actual variable manufacturing overhead costs were incurred. The flexible-budget amount for the month was $150,000. Which of the following variable manufacturing overhead entries would have been recorded for March? a. Accounts Payable Control and other accounts $150,000 Work-in-Process Control $150,000 b. Variable Manufacturing Overhead Allocated $150,000 Accounts Payable and other accounts $150,000 c. Work-in-Process Control $133,000 Accounts Payable Control and other accounts $133,000 d. Variable Manufacturing Overhead Control $133,000 Accounts Payable Control and other accounts $133,000 Alvarado Company made the following journal entry: Variable Manufacturing Overhead Allocated $100,000 Variable Manufacturing Overhead Efficiency Variance 30,000 Variable Manufacturing Overhead Control Variable Manufacturing Overhead Spending Variance As a result of this entry, it can be said that: a. Alvarado overallocated variable manufacturing overhead. b. A $5,000 favorable spending variance was recorded. c. Work-in-Process is currently overstated. d. This entry may be recorded yearly to provide timely feedback to

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