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During January 2018, the job cost sheets showed the following costs and production data: Department W X Y Direct material used $88,000 $85,000 $69,000 Direct

During January 2018, the job cost sheets showed the following costs and production data:

Department

W

X

Y

Direct material used

$88,000

$85,000

$69,000

Direct Labour Cost

$50,000

$37, 400

$48,600

Direct Labour Hours

4,000

3,500

4,200

Machine Hours

8,000

10,500

12,800

Manufacturing overhead incurred

$78,000

$69,500

$67,200

(c) Calculate the Manufacturing Overhead variance for each department.

(d)Using the total figures, state the journal entries necessary to record:

I) Total direct materials used

ii) Total direct labour costs incurred

iii) Total manufacturing overhead incurred

iv) Total manufacturing overhead applied

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