State whether Variances are favorable or unfavorable. Do part A1-A6 and part B- journal entries.

3 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 components. The per-unit standard costs of the entertainment center, assuming a "normal volume of 1,000 units per month, are as follows $138.00 40.00 10 points Direct materials, 100 board-feet of wood at $1.30 per foot Direct labor, 5 hours at $8.80 per hour Manufacturing overhead (applied at $22 per unit) Fixed ($15,000 1,800 units of normal production) Variable $15.00 7.80 22.00 s 192.09 eBook Total standard unit cost Print During July. 800 entertainment centers were scheduled and produced at the following actual unit costs 132.00 42.90 23.10 $ 198.e0 Direct materials, 110 feet at $1.20 per foot Direct labor, 5 1/2 hours at $7.80 per hour Manufacturing overhead, $18,488 800 units Total actual unit cost Required: a-1. Compute the materials price variance for the month of July. a-2. Compute the materials quantity variance for the month of July a-3. Compute the labor rate variance for the month of July a-4. Co mpute the labor efficiency variance for the month of July a-5. Compute the overhead spending variance for the month of July a-6. Compute the overhead volume variance for the month of July. b. Prepare journal entries to assig Use separate entries for (1) direct materials. (2) direct labor, and (3) overhead costs. n manufacturing costs to the Work in Process Inventory account and to record