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The following information comes from the flexible budget performance report of Jackal Corporation for the current period. Prepare the journal entries to charge direct

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The following information comes from the flexible budget performance report of Jackal Corporation for the current period. Prepare the journal entries to charge direct materials to work in process and the materials variances to their proper accounts. Direct materials actual cost Direct materials standard cost Materials price variance Materials quantity variance $ 237,400 $ 238,750 $ 11,700 U $ 13,050 F

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