Bonita Corp. supplies its customers with high-quality canvas tents. These canvas tents sell for $170 each, with the following DM and DL usage and price expectations. Throughout the year, Bonita used 3,944 DL hours in the process of making 3,400 tents. The company had originally planned to produce and sell 3,150 tents. Its actual variable-MOH costs totaled $10,018 for the year. Attempts: 2 of 4 used Record the journal entries to accompany the following transactions for variable-MOH: (1) actual variable-MOH cost incurred (consider that half was for utilities not yet paid, and half was for accrued indirect labor). (2) allocation of variable-MOH cost to production, and (3) recognition of specific variable-MOH variances (while closing out the Variable-MOH Control account). (Credit account titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts. List all debit entries before credit entries) Determine Bonita's variable-MOH price and efficiency variances. Also identify whether the company's variable-MOH costs were under-or overapplied, and by how much. Variable-MOH price variance Variable-MOH efficiency variance Variable-MOH Bonita Corp. supplies its customers with high-quality canvas tents. These canvas tents sell for $170 each, with the following DM and DL usage and price expectations. Throughout the year, Bonita used 3,944 DL hours in the process of making 3,400 tents. The company had originally planned to produce and sell 3,150 tents. Its actual variable-MOH costs totaled $10,018 for the year. Attempts: 2 of 4 used Record the journal entries to accompany the following transactions for variable-MOH: (1) actual variable-MOH cost incurred (consider that half was for utilities not yet paid, and half was for accrued indirect labor). (2) allocation of variable-MOH cost to production, and (3) recognition of specific variable-MOH variances (while closing out the Variable-MOH Control account). (Credit account titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts. List all debit entries before credit entries) Determine Bonita's variable-MOH price and efficiency variances. Also identify whether the company's variable-MOH costs were under-or overapplied, and by how much. Variable-MOH price variance Variable-MOH efficiency variance Variable-MOH
