Date 168 MajorNet Systems's static budget predicted production of and sales of 100 connectors in August, but the company actually produced and soid only 84 connectors Direct materials were budgeted at $95 per connector. The company purchased and used direct materials that cost $8 148. What is the journal entry for the direct materials purchased? OA Accounts and Explanation Debit Credit Raw Materials inventory 7.980 Direct Materials Cost Variance Accounts Payable 8,148 OB Accounts and Explanation Debit Raw Materials Inventory 7980 Direct Materials Efficiency Variance 158 Accounts Payable Oc Accounts and Explanation Credit Work in Process Inventory Direct Materials Cost Variance Raw Materials Inventory Date Credit 8,148 Date Debit 7.980 168 8.148 D Date Accounts and Explanation Debit Credit Work in Process Inventory Direct Materials Efficiency Variance 7.980 168 2