The Following Information Relating to Variable Overhead Is Available for Haven

question 1

Essay

The following information relating to variable overhead is available for Haven Industries:
Spending variance $~~~~~~~~$$~~~~~~~~$ $4,000 unfavorable
Efficiency variance $~~~~~~~~$$~~~~~~~~$ $7,000 favorable
Which of the following is the correct journal entry to record the spending and efficiency variances?

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Definitions:

Neural Activity

The electrical and chemical processes that occur within neurons and neural networks in the brain and nervous system.

Brain

The central organ of the human nervous system, responsible for processing sensory information, regulating bodily functions, and facilitating cognition, emotion, and behavior.

Paralanguage

The aspects of spoken communication that do not involve words themselves but how those words are spoken, including tone, pitch, loudness, and speech rate.

Loudness

The perceived strength or amplitude of sound by the human ear, often measured in decibels.