Question 1 10 pts Midterm Company uses a normal cost system. The overhead variance for the current period is $40,000 underapplied, and the amount is material. The accounting system provides the following account balances. Materials inventory $20,000 Work-in-process inventory 30,000 Finished goods inventory 20,000 Cost of goods sold 50,000 The entry to adjust for the overhead variance would include O A credit to work-in-process inventory for $12,000 O A debit to work-in-process inventory for $12,000 O A debit to work-in-process inventory for $10,000 O A credit to work-in-process inventory for $10,000