Required information [The following information applies to the questions displayed below.] Hart Company made 3,380 shelves using 22,380 pounds of wood costing $313,320. The company's direct materials standards for one shelf are 8 pounds of wood at $13.90 per pound. Hart Company uses a standard costing system. Prepare the journal entry to charge direct materials costs to Work in Process Invent: and record the direct materials variances. View transaction list Journal entry worksheet < A Record direct materials price and quantity variances. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit > S < Prev 4 G4 of 4 Next >
Required information [The following information applies to the questions displayed below.] Hart Company made 3,380 shelves using 22,380 pounds of wood costing $313,320. The company's direct materials standards for one shelf are 8 pounds of wood at $13.90 per pound. Hart Company uses a standard costing system. Prepare the journal entry to charge direct materials costs to Work in Process Invent: and record the direct materials variances. View transaction list Journal entry worksheet < A Record direct materials price and quantity variances. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit > S < Prev 4 G4 of 4 Next >
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter8: Standard Cost Accounting—materials, Labor, And Factory Overhead
Section: Chapter Questions
Problem 11E: Making journal entries Assume that during the month of April the production report of Algonquin...
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Question
![Required information
[The following information applies to the questions displayed below.]
Hart Company made 3,380 shelves using 22,380 pounds of wood costing $313,320. The company's direct materials
standards for one shelf are 8 pounds of wood at $13.90 per pound.
Hart Company uses a standard costing system. Prepare the journal entry to charge direct materials costs to Work in Process Invent:
and record the direct materials variances.
View transaction list
Journal entry worksheet
<
A
Record direct materials price and quantity variances.
Note: Enter debits before credits.
Transaction
1
General Journal
Debit
Credit
>
S
< Prev
4
G4
of 4
Next >](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F35e79650-c4c7-4adc-83e9-eadd7b4333ee%2F54c9fed8-ab47-459e-918c-d3adee0fac93%2F93pn06_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Required information
[The following information applies to the questions displayed below.]
Hart Company made 3,380 shelves using 22,380 pounds of wood costing $313,320. The company's direct materials
standards for one shelf are 8 pounds of wood at $13.90 per pound.
Hart Company uses a standard costing system. Prepare the journal entry to charge direct materials costs to Work in Process Invent:
and record the direct materials variances.
View transaction list
Journal entry worksheet
<
A
Record direct materials price and quantity variances.
Note: Enter debits before credits.
Transaction
1
General Journal
Debit
Credit
>
S
< Prev
4
G4
of 4
Next >
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