Bravo Corporation produces a single product and uses a standard cost system. Input price variances are isolated upon purchase. Input efficiency variances are isolate at the time of usage. July's static budget was prepared based on the production of 1,100 widgets - some details are as follows: Direct materials, 9,900 kg at a budget cost of $89,100 Class 1 direct labour 2,475 hours at a budget cost of $51,975 Class 2 direct labour 550 hours at a budget cost of $13,750 Class 1 and Class 2 labour hours are substitutable. Total Manufacturing Overhead of $66,550 Variable Manufacturing Overhead is allocated at $12.00 per Direct Labour Hour (regardless of class) During the month of July the following actual events occurred: Produced 1,200 widgets. Purchased 14,000 kg of direct materials at a cost of $147,000 on account. Used 10,500 kg of direct materials Recorded 2,500 Class 1 direct labour hours at a cost of $48,750. Recorded 600 Class 2 direct labour hours at a cost of $ 15,000. Incurred $72,750 in Total Manufacturing Overhead - including $34,000 in Fixed Manufacturing Overhead REQUIRED: Calculate the total direct labour yield variance. Prepare the Journal Entry to record the total direct material purchase and price