Sweetwater Company manufactures two products, Mountain Mist and Valley Stream. The company prepares its master budget on the basis of standard costs. The following data are for March.

StandardsMountain MistValley StreamDirect materials27 ounces at $15 per ounce28 ounces at $16.50 per ounceDirect labor29 hours at $60 per hour30 hours at $75 per hourVariable overhead (per direct labor-hour)$48$52.50Fixed overhead (per month)$449,850$1,473,600Expected activity (direct labor-hours)29,99036,840Actual resultsDirect material (purchased and used)27,340 ounces at $13.50 per ounce32,300 ounces at $17.25 per ounceDirect labor28,660 hours at $60.75 per hour37,400 hours at $76.50 per hourVariable overhead$1,442,550$1,914,510Fixed overhead$404,865$1,458,000Units produced (actual)1,000 units1,200 units

Assume that the company carries no beginning or ending inventories. Sales in March totaled $3,270,000 for both products combined.

Required:

Prepare the journal entries to record the activity for the last month using standard costing. Assume that all variances are closed to Cost of Goods Sold at the end of the month.