Apollo Company uses a standard cost system for manufacturing its single product, called Zoom. Company assigns factory overhead cost using predetermined overhead rates based on machine hours. The following data are available for current year: Standards per unit of product for planned production of 33,000 units: Apollo purchased of 150,000 pounds of raw materials at $10.50 per pound on account. Which of the following journal entries should be used to record this transaction? Apollo purchased of 150,000 pounds of raw materials at $10.50 per pound on account. Which of the following journal entries should be used to record this transaction