Hart Company made 3,240 shelves using 22,240 pounds of wood costing $295,792. The company's direct materials standards for one sheif are 8 pounds of wood at $13.20 per pound. Exercise 21-14A (Algo) Recording and closing materials variances LO PG Hart Company uses a standard costing system. Prepare the journal entry to charge direct materials costs to Work in Proces Inventory and record the direct materials variances. Record direct materials price and quantity variances. Note: Enter debits before credits