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Hart Company made $3,060$ shelves using $22,060$ pounds of wood costing $$273,544.$ The company's direct materials standards for one shelf are $8$ pounds of wood at $$12\mathrm{.}30$ 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.

Journal entry worksheet

A

Record direct materials price and quantity variances.

Note: Enter debits before credits.

$\backslash$table$[[$Transaction$,$General Journal,Debit,Credit$],[1,$Work in process inventory,,$],[,$Direct materials price variance,,$],[$Direct materials quantity variance,,$],[$Raw materials inventory,,$],[,,,]]$