5 points Required information Use the following information for the Exercises below. (The following information applies to the questions displayed below) Hart Company made 3,360 bookshelves using 22,360 board feet of wood costing $310.804. The company's direct materials standards for one bookshelf are 8 board feet of wood at $13.80 per board foot. 800W Hint References Exercise 21-14A Recording and closing materials variances LO P6 Hart Company uses a standard costing system (1) Prepare the journal entry to charge direct materials costs to Work in Process inventory and record the materiais variances (2) Assume that Hart's materiais variances are the only variances accumulated in the accounting period and that they are immaterial Prepare the adjusting Journal entry to close the variance accounts at period end Complete this question by entering your answers in the tabs below. Required information Required 1 Required 2 Prepare the journal entry to charge direct materials costs to Work in Process Inventory and record the materials variances. View transaction list Journal entry worksheet > Record price and quantity variances. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general Journal MacBook Air Required 1 Requird 2 Assume that Hart's materials variances are the only variances accumulated in the accounting period and that they are immaterial. Prepare the adjusting journal entry to close the variance accounts at period-end. View transaction list Journal entry worksheet Record closing of price and quantity variances to cost of goods sold. Note: Enter debits before credits. General Journal Debit Credit Transaction 1 Racord entry Clear entry View general Journal Prou 57 Nave