A Company Has a Favorable Variable Overhead Spending Variance,an Unfavorable $\mathrm{VOH}$

question 53

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 spencing                         $\mathrm{VOH}$ efficiency


$\text {\underline{ variance} }$                                 $\text {\underline{variance} }$                                           $\text {\underline{ VMOH} }$

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

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Definitions:

Mental Fixedness

A cognitive bias that limits a person to using an object or idea in only the way it is traditionally used.

Habit-Breaking Strategies

Techniques and methods designed to help individuals quit or modify detrimental habits.

Cognitive Styles

Individual differences in the way people perceive, think, solve problems, learn, and relate to others.

Self-Efficacy

An individual's belief in their own capability to execute behaviors necessary to produce specific performance attainments.