More Martinez Company manufactures aluminum baseball bats that it sells to university athletic departments. It has developed the following per unit standard costs for 2022 for each baseball bat: In 2022 , the company planned to produce 121,800 baseball bats at a level of 60,900 hours of direct labor: Actual results for 2022 are presented below: 1. Direct materials purchases were 224,500 pounds of aluminum which cost $931,675. 2. Direct materials used were 224,500 pounds of aluminum. 3. Direct labor costs were $592,900 for 60,500 direct labor hours actually worked. 4. Total manufacturing overhead was $370,000. 5. Actual production was 116,700 baseball bats. 2. Direct Materials Quantity 3. Direct Labor Price 4. Direct Labor Quantity 5. Total Overhead Variance (To record issuance of direct materials) 3. Factory Labor Labor Price Variance Factory Wages Payable (To record direct labor costs) 4. Workin Process Inventory Labor Quantity Variance Factory Labor (To assign factory labor to jobs) 5. Manufacturing Overhead Accounts Payable (To assign factory labor to jobs) 5. Manufacturing Overhead Accounts Payable (To record overhead incurred) 6. Work in Process Inventory Manufacturing Overhead (To assign overhead to jobs) 7. Finished Goods Inventory Work in Process Inventory (To record transfer of completed work to finished goods)