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Data for the next 8 questions: Dana Manufacturing Company uses a standard cost system for its single product, called Zoom. The following data are available

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Data for the next 8 questions: Dana Manufacturing Company uses a standard cost system for its single product, called Zoom. The following data are available for current year: Standards per unit of product for planned production of 20,000 units: Budgeted machine hours 30,000 hours Raw materials 4 pounds at $12 per yard Direct labor 2 hours at $10.80 per hour Variable overhead $7 per machine hour Fixed overhead S6 per machine hour Budgeted fixed overhead $180,000 Q15. In factory, 20,500 units were manufactured and transferred to warehouse. Provide journal entry to record the transfer na 111 Data for the next 8 questions: Dana Manufacturing Company uses a standard cost system for its single product, called Zoom. The following data are available for current year: Standards per unit of product for planned production of 20,000 units: Budgeted machine hours 30,000 hours Raw materials 4 pounds at $12 per yard Direct labor 2 hours at $10.80 per hour Variable overhead $7 per machine hour Fixed overhead S6 per machine hour Budgeted fixed overhead $180,000 Q15. In factory, 20,500 units were manufactured and transferred to warehouse. Provide journal entry to record the transfer na 111

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