pok's Fancy Products uses a standard costing system and account for variances in the general ledger. Consider the following Formation for the month of June: ctual costs Direct Materials $20,000 Conversion Costs $15,000 tandard costs Direct Materials $19,300 Conversion Costs $15,500 hich of the following entries would be made regarding the standard costs for Conversion Costs? A. Debit $15,500 Work -in - Process, Credit $500 Conversion Costs Variances, Credit $15,000 Conversion Cost Control B. Debit $15,000 Work-in - Process, Debit $500 Conversion Costs Variances, Credit $15,500 Direct Materials Control C. Debit $19,300 Work-in - Process, Debit $700 Direct Material Variances, Credit $20,000 Direct Materials Control D. Debit $15,500 Work-in - Process, Debit $4,500 Direct Material Variances, Credit $20,000 Direct Materials Control