Hart Company made 3,000 shelves using 22,000 pounds of wood costing $266,200. The company's direct materials standards for one shelf are 8 pounds of wood at $12 per pound.

Hart Company uses a standard costing system. Prepare the journal entry to charge direct materials costs to Work in Process Inventory and record the direct materials variances.

Required information Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below.] Hart Company made 3,000 shelves using 22,000 pounds of wood costing $266,200. The company's direct materials standards for one shelf are 8 pounds of wood at $12 per pound. Exercise 21-14A (Static) Recording and closing materials variances LO P6 Hart Company uses a standard costing system. Prepare the journal entry to charge direct materials costs to Work in Process Inventory and record the direct materials variances. Answer is not complete. No Transaction General Journal Debit Credit A 1 288,000 x 288,000 X Work in process inventory Raw materials inventory Raw materials inventory Cost of goods sold 21,800 X 21,800