Bullseye Company manufactures dartboards. Its standard cost information follows:

Bullseye has the following actual results for the month of September:

Required:

$1$ & $2.$ Prepare the journal entries to record the direct materials, direct labor and related variances for Bullseye. Assume the company

purchases direct materials as needed and does not maintain any ending inventories.

Note: Do not round your intermediate calculations. If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry

Required" in the first account field.

Journal entry worksheet

A $B$

Record the entry for direct materials costs and variances.