Question $24$ of $24$

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Crane Inc., which produces a single product, has prepared the following standard cost

Direct materials $(9$ pounds at $$2\mathrm{.}50$ per pound$)$

$$22\mathrm{.}50$

Direct labor $(2$ hours at $$12\mathrm{.}00$ per hour$)$

$$24\mathrm{.}00$

During the month of April, the company manufactures $210$ units and incurs the followin

Direct materials purchased and used $(1,950$ pounds$)$

$$5,070$

Direct labor $(440$ hours$)$

$$5,192$

Journalize the entries to record the materials and labor variances. $($Ilist all cleblic entules bejo auitematically inderited when anovis $($s entered. Do nos indent manuall

Debit

$($To record materials price variance$)$