Brooks Company uses a standard costing system. The following information pertains to direct materials for the month of June:

Standard price per lb.	$15.00
Actual purchase price per lb.	$14.50
Quantity purchased	3,150 lbs.
Quantity used	2,980 lbs.
Standard quantity allowed for actual output	3,000 lbs.
Actual output	1,000 units

Brooks Company reports its material price variances at the time of purchase. What is the journal entry to record material purchases?

a.

Materials44,100

Materials Price Variance1,575

Accounts Payable45,675

b.

Materials47,165

Materials Price Variance1,490

Accounts Payable45,675

c.

Materials47,175

Materials Price Variance1,500

Accounts Payable45,675

d.

Materials47,250

Materials Price Variance1,575

Accounts Payable45,675