Top That manufactures baseball-style hats. Material is introduced at the beginning of the process in the Cutting Department. Conversion costs are incurred (and allocated) uniformly throughout the process. As the cutting of material is completed, the pieces are immediately transferred to the Sewing Department. Data for the Cutting Department for the month of February 2009 follow:

Work-in-process, January 3150,000 units

100 percent complete for direct materials; 40 percent completed for conversion costs actual costs of direct materials, $70,500; actual costs of conversion, $34,050

Units started during February, 225,000

Units completed during February 200,000

Work-in-process, February 28 75,000 units

100 percent complete for direct materials; 20 percent completed for conversion costs

Direct materials added during February [actual costs] $342,000

Conversion costs added during February [actual costs] $352,950

The following additional data apply to questions 1 through 3

Standard costs for the Cutting DepartmentDirect materials: $1.50 per unit; Conversion costs $1.75 per unit

Q1.The standard costs of units completed and transferred from the Cutting Department during February is

Q2.The conversion costs variance for the month of February is

Q3.The journal entry to record inventory costs and direct-material variances for the month of February is