Solved

A Company Has a Favorable Variable Overhead Spending Variance,an Unfavorable

Question 138

Multiple Choice

A company has a favorable variable overhead spending variance,an unfavorable variable overhead efficiency variance,and underapplied variable overhead at the end of a period.The journal entry to record these variances and close the variable overhead control account will show which of the following? VOH spending  VOH efficiency variance variance VMOH \begin{array}{lll}\mathrm{VOH} \text { spending } & \text { VOH efficiency } &\\\underline{\text{variance }} &\underline{\text{variance }} & \underline{\text{VMOH }}\end{array}


A) debit credit credit
B) credit debit credit
C) debit credit debit
D) credit debit debit

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions