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Widget manufacturing is closing out the month of July. The budget called for production of 4,000 units but actual production was only 3,500 units. The

Widget manufacturing is closing out the month of July. The budget called for production of 4,000 units but actual production was only 3,500 units. The entry to apply fixed factory overhead would include a:

credit to fixed overhead volume variance

debit to fixed overhead volume variance

debit to fixed overhead spending variance

credit to Work in Process Inventory

debit to factory overhead

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