Requirements 1. 2. 3. Record GardenScapes' direct material and direct labor journal entries. Record GardenScapes' journal entries for manufacturing overhead, including the entry that records the overhead variances and closes the Variable and Fixed Manufacturing Overhead account. Record the journal entries for the completion and sale of 1,000 flower pots, assuming FlowerMate sold (on account) all of the flower pots at a sales price of $460 each. (There were no beginning or ending inventories.) Data table Direct materials (resin). Direct labor....... Standard variable manufacturing overhead rate Budgeted fixed manufacturing overhead Standard fixed MOH rate. 10 pounds per pot at a cost of $6.00 per .pound .3.0 hours at a cost of $22.00 per hour $2.00 per direct labor hour $14,000 $5.00 per direct labor hour (DLH) Data table Direct materials.. Direct labor.. Actual variable manufacturing overhead. Actual fixed manufacturing overhead Standard fixed manufacturing overhead allocated based on actual production. Purchased 10,800 pounds at a cost of $6.20 per pound; used 10,300 pounds to produce 1,000 pots Worked 3.5 hours per flower pot (3,500 total DLH) at a cost of $20.00 per hour $2.50 per direct labor hour for total actual variable manufacturing overhead of $8,750 $13,600 $15,000 Print Done -X Data table Direct materials price variance Direct materials quantity variance Direct labor rate variance Direct labor efficiency variance $ 2,160 U $1,800 U $7,000 F $11,000 U Variable overhead rate variance $1,750 U Variable overhead efficiency variance $1,000 U Fixed overhead budget variance $400 F Fixed overhead volume variance $1,000 F FlowerMate is a manufacturer of large flower pots for urban settings. The company has these standards. (Click the icon to view the standards.) Last month, the company reported the following actual results for the production of 1,000 flower pots: (Click the icon to view the actual results.) (Click the icon to view related variances.) Assume the company uses a standard cost accounting system. Requirement 1. Record GardenScapes' direct material and direct labor journal entries. (Record debits first, then cre Let's start by recording the entry for the purchase of raw materials. Date Journal Entry Accounts Debit Credit