Requirements 1. Record Ceramics Etc.'s direct material and direct labor journal entries. 2. Record Ceramics Etc.'s journal entries for manufacturing overhead, including the entry that records the overhead Ceramics Etc. is a manufacturer of large flower pots for urban settings. The company has these standards: EEB (Click the icon to view the standards.) Last month, the company reported the following actual results for the praduction of 1,600 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. variances and closes the Variable and Fixed Manufacturing Overhead account. Record the journal entries for the completion and sale of 1,600 flower pots, assuming Ceramics Etc. sold (on account) all of the fiower pots at a sales price of S530 each. (There were no beginning or ending inventories.) 3. Requirement 1 Record Ceramics Et 's direct material and direct labor ournal entries. Record debits first, then credits. Exclude explanations rom any ournal entries. Abbreviations used: DM = Drect materials, DL Direct labor Let's start by recording the entry for the purchase of raw materials. Data Table ournal Entry Date Debit Credit d 20,860 pounds at a cost Direct materials of $6.20 per pound; used 20,160 pounds to produce 1,600 pots Worked 4.3 hours per flower pot (6,880 total DLH) at a cost of $20.00 per hour Direct labor Data Table Data Table Actual variable manufacturing $2.20 per direct labor hour for total actual variable manufacturing overnead of $15,1386 $4,172U Direct materials price Direct materials quantity S5,760 U Direct labor rate vanance S6.880 F 12 pounds per pot at a cost S6.00 Direct materials (resin) per pound 4.0 hours at a cost of $21.00 per Actual fixed manufacturing Direct labor S67,000 Direct labor e fficiency S10.080 UI Standard variable manufacturing Standard fixed manufacturing overhead allocated based on actual overhead rate $2.00 per direct labor hour Variable overhead rate S1,376U S70,400 $67,400 $11.00 per direct labor hour (DLH) ariable overhead efficiency $960U Fixed overhead budget Fixed overhead volume Standard fixed MOH rate Print Done 400 F Print Done S3,000 F Print Done