Instructions a. Compute the materials price and quantity variances. b. Compute the labor rate and efficiency variances. c. Compute the manufacturing overhead spending and volume variances. d. Record the journal entry to charge materials (at standard) to Work in Process. e. Record the journal entry to charge direct labor (at standard) to Work in Process. f. Record the journal entry to charge manufacturing overhead (at standard) to Work in Process. g. Record the journal entry to transfer the 147 batches of puppy meal produced in Finished Goods. Record the journal entry to close any over- or underapplied overhead to Cost of Goods Sold.