Atlace Manufacturing uses a standard cost system. Standards for direct materials are as follows: Direct materials (pounds per unit of output) Cost per pound of direct materials $6 The company plans to produce 3,000 units and has purchased 15,000 pounds of direct materials at a net cost of $42,600. What is the journal entry to record this transaction? O Raw Materials Inventory (15,000 pounds x $6/pound) 90,000 Direct Materials Cost Variance 47,400 Accounts Payable (15,000 pounds x $2 84/pound) 42600 O Raw Materials Inventory (15,000 pounds x $6/pound) 90,000 Direct Materials Cost Variance 47,400 Accounts Payable (15,000 pounds x $2 84/pound) 42600 O Raw Materials Inventory (15,000 pounds x $2 84/pound) 42600 Direct Materials Cost Variance 47,400 Accounts Payable (15,000 pounds x $6/pound) 90,000 O Raw Materials Inventory (15,000 pounds x $2 84/pound) 42600 Direct Materials Cost Variance 47,400 Accounts Payable (15,000 pounds x $6/pound) 90,000