Homework: Ho Part 1 of Best Company uses a standard cost system and reports the following information for 2024 Click the icon to view the information) O Points: 0 of 15 Sav Best Company reported the following variances (Click the icon to view the variances) Best produced 1,000 units of finished product in 2024 Read the requirement Begin by journalizing the purchase of direct materials on account, including the related variance. (Prepare a single compound jumal entry) Date Accounts and Explanation Debit Credit