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P11-6B Frio Company uses standard costs with

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*P11-6B Frio Company uses standard costs with its job order cost accounting system. In
January, an order (Job No. 84) was received for 5,500 units of Product D. The standard
cost of 1 unit of Product D is as follows.

(a) Journalize the transactions.
(b) Post to the job order cost accounts.
(c) Prepare the entry to recognize the total overhead variance.
(d) Prepare the January 2014 income statement for management. Assume selling and
administrative expenses were $60,000

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