Apply manufacturing overhead to Work in Process and record overhead variances. (Obj. 6). Selected data for the Halifax Corporation for May 19X9 are as follows:

Standard cost of work $82,000 Actual overhead costs incurred $79,000 Favorable volume variance $ 2,400 Favorable spending variance 800 Unfavorable efficiency variance 200 Give the general journal entry to apply standard overhead to Work in Process and record overhead variances for the month.

LO.1