Give all of the journal entries for direct materials, direct labor, and variable overhead for Problem 5.

Data from Problem 5

The Clement Co. uses a flexible budget and standard costs; it applies overhead on the basis of standard labor hours. The following information is known for Clement Co.

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Direct labor Variable overhead Direct materials Actual 30,000 hours at $10.50 per hour 30,000 hours at $27 per hour 130,000 lb purchased at $0.51 per lb 125,000 lb used Fixed overhead Actual production 12,900 units Standard 2 hours per unit at $11 per hour 2 hours per unit at $25 per hour 8 lb per unit at $0.50 per lb Practical capacity 14,000 units