What Is the Normal Year-End Treatment of Immaterial Variances Recognized

Multiple Choice

What is the normal year-end treatment of immaterial variances recognized in a cost accounting system utilizing standards?

A) Reclassified to deferred charges until all related production is sold
B) Closed to cost of goods sold in the period in which they arose
C) Allocated among cost of goods manufactured and ending work in process inventory
D) Capitalized as a cost of ending finished goods inventory