Making journal entries}

Assume that during the month of April the production report of Albany Adhesives, Inc., in E8-10 revealed the following information:

Make journal entries to charge materials and labor to Work in Process. Indicate variances as favorable or unfavorable. (Remember to retrieve the standard costs from E8-10 before solving this exercise.)

Transcribed Image Text:

Units produced during the month Direct labor hours for the month Materials used (in pounds) Labor rate per hour.... Materials cost per pound 21,000 41,000 130,000 $10.04 $ 1.98