8 of 16 (4 complete) HW SC variance analysis was performed for Jackson. e materials variance analysis.) Data Table AC XAQ SC XAQ SC X SQ $0.50 per pounds $0.40 per pounds $0.40 per pound 7,500 pounds $3,750 7,500 pounds $3,000 7,300 pounds $2,920 Cost Efficiency Variance Variance $750 U $80 U Print Done - enter any number in the input fields and then click Check Answer. Clear All Check analysis was performed for Jackson. 5 variance analysis.) ect materials journal entries. Assume purchases were made on account. direct materials, including the related variance. (Prepare a single compound journal entry. I Requirements 1. Record Jackson's direct materials journal entries. Assume purchases were made on account. 2. Explain what management will do with this variance information. Print Done number in the input fields and then click Check Answer. - SUIVIUVO Score: 0 of 1 pt 8 of 16 (4 complete) HW Score: 23.07%, 3.69 of S23-12 (similar to) Question Help The following direct materials variance analysis was performed for Jackson. (Click the icon to view the materials variance analysis.) Read the requirements Requirement 1. Record Jackson's direct materials Journal entries. Assume purchases were made on account. Begin by journalizing the purchase of direct materials, including the related variance. (Prepare a single compound journal entry. Record debits first, then credits. S the explanations on the last line of the journal entry table.) Accounts and Explanation Date Debit Credit Choose from any list or enter any number in the input fields and then click Check Answer. Check Answer Clear All 2 parts remaining