Chips Ahoy manufactures chocolate chip cookies and records entries into the accounting information system using a process costing system.

Chips Ahoy purchases the following ingredients on account to use during manufacturing:

$\backslash$table$[[$Item$,$Weight,Total Cost,$],[$Flour$,60$ pounds,$$,96\mathrm{.}00],[$Sugar$,60$ pounds,$$,240\mathrm{.}00],[$Chocolate Chips,$40$ pounds,$$,80\mathrm{.}00]]$

Crate the journal entry for this purchase. The ingredients were purchased on account.

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