Question: PR 1 0 - 1 ( LO 1 0 . 3 , 1 0 . 4 ) Prepare journal entries to record variances at Heartwood
PR LO Prepare journal entries to record variances at Heartwood Cabinets. Prepare journal entrles to record variances at Heartwood Cabinets. Required: a Prepare the journal entry to record the direct materials efficiency variance. b Prepare the journal entry to record the direct materials price variance. Calculate this variance based on units produced. c Calculate the standard hourly wage for building Pine Arch cabinets. d Calculate the standard amount of time planned to produce units. e Prepare the journal entry to record the laborprice and laborefficiency variances. f Assume all variances are immaterial. Prepare the journal entry to write off these balances to cost of goods sold. Complete this question by entering your answers in the tabs below. Prepare the journal entry to record the direct materials efficiency variance. Note: If no entry is required for a transaction or event, select No journal entry required" in the first account field. Journal entry worksheet Record the direct materials efficiency variance. Note: Enter debits before credits.
Prepare the journal entry to record the direct materials price variance. Calculate this variance based on units produced.
Note: If no entry is required for a transaction or event, select No journal entry required" in the first account field.
Journal entry worksheet
Record the direct materials price variance.
Note: Enter debits before credits.
Complete this question by entering your answers in the tabs below.
Required A
Required E
Calculate the standard hourly wage for building Pine Arch cabinets.
Complete this question by entering your answers in the tabs below.
Required A
Calculate the standard amount of time planned to produce units.
Prepare the journal entry to record the laborprice and laborefficiency variances.
Note: If no entry is required for a transaction or event, select No journal entry required" in the first account field.
Assume all variances are immaterial. Prepare the journal entry to write off these balances to cost of goods sold.
Note: If no entry is required for a transaction or event, select No journal entry required" in the first account field.
Journal entry worksheet
Record the laborprice and laborefficiency variances.
Notes: Enter debits before credits,
Journal entry worksheet
Record the entry to write the off these balances to cost of goods sold.
Note: Enter debits before credits.
There are AF slide. Please get the right answer and ill thumb up
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