During September, a small roofing company purchased 500 bundles of a certain type of shingle at a price of 535 per bundle, 55 less than the standard price is standard quantity of this type of shingles is 550 bundles. What is the journal entry to record the purchase of materials Materials 20.000 Materials Erico Variance 2.500 Accounts Payable 17,500 Materials 20,000 Materials Price Variance 2.500 Accounts Payable 22.500 Materials 17.500 Materiais Price Variance 2.500 Accounts Payable 15.000 Materials 20,000 Materiale Price Variance 2.750 Accounts Payable 17.250