Help with 14 and 15

d. $2,700 U (13 Refer to Patterson Company. What is the labor rate variance? a. $3,480 U b. $3,480 F c. $2,800 U d. $2,800 F 14. A company has a favorable materials price variance (MPV) and an unfavorable materials quantity variance (MQV). The journal entries to the variance accounts will include: a, a debit to the MPV account and a credit to the MQV account. b. a credit to the MPV account and a debitt to the MQV account. c. debit to the MPV account and a debit to the MQV account. d. None of the above. 15/ A company has a favorable variable overhead spending variance, an unfavorable variable overhead efficiency variance, and underapplied variable overhead at the end of a period. The journal entry to record these variances and close the variable overhead control account will show which of the following? VOH spending variance VOH efficiency varianc VMOH credit a. debit b. credit+ c. debit d. credit credit debit credit debit credit debit debit