Southern Industries uses a standard costing system. The following information pertains to the overhead costs for production of their product for the month of October:

Actual variable overhead: $125,000 (the credit is made to accounts payable)

Allocated variable overhead: $130,000

Variable overhead efficiency variance: $3,000 F

Actual fixed overhead: $200,000 (the credit is made to accounts payable)

Allocated fixed overhead: $190,000

Fixed overhead spending variance: $2,000 F

All variance accounts are closed to cost of goods sold at the end of the month,

Required (omit journal entry explanations):

A. Prepare the journal entries for:

1. The actual variable overhead

2. The actual fixed overhead

B. Prepare the journal entries for:

1. The applied (allocated) variable overhead

2. The applied (allocated) fixed overhead

C. Prepare the journal entries for:

1. Recording the variable overhead variances and close the actual and applied (allocated) variable overhead accounts.

2. Recording the fixed overhead variances and close the actual and applied (allocated) fixed overhead accounts.

D. Prepare the journal entries for:

1. Closing the variable overhead variance accounts to cost of goods sold.

2. Closing the fixed overhead variance accounts to cost of goods sold