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What is the journal entry made to work in progress

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Reference no: EM131601219

Problem - Standard Cost:

DM: 5 grams at .35 per gram

DL: 1 hour at 8$

Last period the company had the follwoing results:

  • 5,000 grams of DM at .40 per gram
  • 4,000 grams of DM used in productio
  • 900 units of production were made
  • 850 hrs direct labor were used

Required - What is the Journal entry made to Work in Progress, and Materials Quantity Variance?

Reference no: EM131601219

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