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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?
Retook
The act of taking an examination or a course again, usually to achieve a better score or grade.
Galton's Perspective
A viewpoint based on the work of Francis Galton, focusing on the importance of heredity and genetic inheritance in human traits and abilities.
Intelligence
A general cognitive capability that includes reasoning, problem-solving, planning, abstract thinking, complex idea comprehension, learning quickly, and learning from experience.
Binet-Simon
The first practical intelligence test, developed by Alfred Binet and Théodore Simon, aimed at identifying children who needed special educational interventions.
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