4.) During the last period, the managerial accountant of Red Rose Company has journalized the following variances. DM price variance 2,000 F DM quantity variance 6,000 F DL rate variance 8,000 U DL efficiency variance 2,000 F Overhead controllable variance 4,000 U Overhead volume variance 9,000 F Show the closing journal entry for all variance accounts assuming all units are produced and sold in the same period. (10 pts)

4.) During the last period, the managerial accountant of Red Rose Company has journalized the following variances Show the closing journal entry for all variance accounts assuming all units are produced and sold in the same