#41

Assume alf of the overhead variances were favorable. Which of the following is true regarding the journal entry to close these varlances? Muhiple Choice Monufacturing overhead would be debited and eoch of the variance occounts would be credited Cost of good would be debited and each of the variance accounts would be credited Each of the variance accounts would be debited and cost of good would be credited Each of the variance accounts would be debited and manufacturing overhead would be credited