The journal entry to record the variable overhead cost applied to production would include

A credit to variable overhead efficiency variance for $2,700

A debit to work-in-process inventory for $72,000

A debit to variable overhead spending variance for $2,600

A debit to overhead control for $69,000

The journal entry to record the fixed overhead cost applied to production would include

		A debit to work-in-process inventory for $33,000
		A credit to fixed overhead volume variance for $2,000
		A credit to overhead control for $36,000
		A credit to fixed overhead spending variance for $3,000

The journal entry to record the actual fixed overhead cost would include

		A debit to fixed overhead efficiency variance for $1,000
		A debit to overhead control for $33,000
		A debit to work-in-process inventory for $36,000
		A credit to fixed overhead spending variance for $1,000

During the year, Test Company recorded the following actual results