Question: need help with direct materials Dehne Guard, which uses a standasd cost accounting system, manufactured 180,000 boat fenders durng the year, using 1,490,000 feet of
Dehne Guard, which uses a standasd cost accounting system, manufactured 180,000 boat fenders durng the year, using 1,490,000 feet of eutruded viry purchased at $1.45 per foot, Production required 4.400 direct labor hours that cost $16.00 per hout. The maseriats standard was 8 feet of viny per fender at a standard cost of $1.60 per foot. The labor standard was 0 o25 drect iabor hour por fender, at a standard cost of $15.00 per hour. (Cick the icon to view reiated variances.) Read the seepirements. Requirement 1. Mstes the journal entries to recoed the putchase and use of direct materials. (Record debts frat, then credits. Explanations are not required. Recond both drect iabor variances by preparing a single compound entry. Abbrevations used: DM = Deced malerias, DL = Drect iaboet Pegin whin the eviry lo record the purchase of materish: Variances Neal record the ube of dired malenals
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