Slick corporation is a small producer of synthetic motor oil

Slick corporation is a small producer of synthetic motor oil. During may. The company produced 5000 cases of lubricant. Each case contains 12 quarts of synthetic oil. To achieve this level of production. Slick purchased and used 16500 gallons of direct materials at a cost of 20709 it also incurred average direct labor cost of 14 per hour for the 4232 hrs worked in may be its production personnel. Manufacturing overhead for the month totaled 9240 of which 2200 was considered fixed. Slicks standard cost information for each case of synthetic motor oil is as follows.

Direct materials standard price                 1.30 per gallon

Standard quantity allowed per case         3.25g

Direct labor standard rate                           16 per hr.

Standard hrs. allowed per case                  0.75 direct labor hrs.

Fixed overhead budgeted                           2600 per month

Normal level of production                         5200 cases per month

Variable overhead application rate          1.50 per case

Fixed overhead application rate (2600/ 5200 cases) 0.50 per case

Total overhead application rate                2.00 per case

D. prepare the journal entries to:

1. charge materials (at standard) to work in process

2. charge direct labor (at standard) to work in process

3. charge manufacturing overhead (at standard0 to work in process

4. transfer the cost of the 5000 cases of synthetic motor oil produced in May to finished goods.

What is the following problems for 1-5? and explanation, not book explanation

1.      Record the cost of direct materials charged to production

2.      Record the cost of direct labor charged to production

3.      Record entry to apply overhead to production

4.      Record entry to transfer 5000 cases to finished goods in May

5.      Record entry to close overhead variances to cost of goods sold