Heritage Furniture Co. uses a standard cost system. One of the company's most popular products is an oak entertainment center that looks like an old icebox but houses a television, stereo, or other electronic mal" volume of 1,000 units per month, are as follows. components. The per-unit standard costs of the entertainment center, assuming a "nor- Direct materials, 100 board-feet of wood at $1.30 per foot. $130.00 Direct labor, 5 hours at $8.00 per hour 40.00 Manufacturing overhead (applied at $22 per unit) Fixed ($15,000 + 1,000 units of normal production). $15.00 Variable 7.00 22.00 $192.00 Total standard unit cost During July, 800 entertainment centers were scheduled and produced at the following actual costs. Direct materials, 110 feet at $1.20 per foot Direct labor, 5% hours at $7.80 per hour $132.00 42.90 Manufacturing overhead, $18,480 + 800 units 23.10 Total actual unit cost $198.00 Prepare journal entries to assign manufacturing costs to the work in process inventory account and to record cost variances for July. Use separate entire for (1) direct materials, (2) direct labor, and (3) overhead costs.