Which of the following journal entries is used to record actual variable overhead costs incurred?
A) Accounts Payable
Variable Overhead Control
B) Variable Overhead Control
Accounts Receivable
C) Work-in-Process Control
Variable Overhead Control
D) Variable Overhead Control
Accounts Payable

Question

Which of the following journal entries is used to record actual variable overhead costs incurred? 
A) Accounts Payable
Variable Overhead Control
B) Variable Overhead Control
Accounts Receivable
C) Work-in-Process Control
Variable Overhead Control
D) Variable Overhead Control
Accounts Payable

Quizplus · Accepted Answer

The actual variable overhead costs are recorded in the Variable Overhead Control account, and since they are costs incurred but not yet paid for, the entry would credit Variable Overhead Control and debit Accounts Payable. Therefore, option D is the correct answer.

Which of the Following Journal Entries Is Used to Record