Biology Forums - Study Force

The following information relating to fixed overhead is available for Haven Industries:

Spending variance

$6,000 favorable

Volume variance

$4,000 unfavorable

Which of the following is the correct journal entry to record the spending and efficiency variances?

▸

Manufacturing Overhead	10,000	​
Fixed Overhead Spending Variance	​	6,000
Fixed Overhead Volume Variance	​	4,000

▸

Fixed Overhead Volume Variance	4,000	​
Manufacturing Overhead	2,000	​
Fixed Overhead Spending Variance	​	6,000

▸

Fixed Overhead Spending Variance	6,000	​
Fixed Overhead Volume Variance	4,000	​
Manufacturing Overhead	​	10,000

▸

Manufacturing Overhead	2,000	​
Fixed Overhead Spending Variance	6,000	​
Fixed Overhead Volume Variance	​	8,000

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