When Variances Are Immaterial, Which of the Following Statements Is

Multiple Choice

When variances are immaterial, which of the following statements is true of the journal entry to write-off the variable overhead variance accounts?

A) Cost of Goods Sold account will always be debited.
B) Unfavorable efficiency variance will be credited.
C) Favorable efficiency variance will be credited.
D) Cost of Goods Sold account will always be credited.