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Atlace Manufacturing uses a standard cost system. Standards for direct materials are as follows: The company plans to produce 3,000 units and has purchased 15,000

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Atlace Manufacturing uses a standard cost system. Standards for direct materials are as follows: The company plans to produce 3,000 units and has purchased 15,000 pounds of direct materials at a net cost of $42,500. What is the journal entry to record this transaction? A. B. C. D

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