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

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?

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