Need asap!!!! thanks

The following direct materials variance analysis was performed for Longman. (Click the icon to view the materials variance analysis.) Read the Requirement 1. Record Longman's direct materials journal entries. Assume purchases were made on account. Begin by journalizing the purchase of direct materials, including the related variance. (Prepare a single comipound journal entry. Record Investigated and information wil be obtained from the managers responsible for each. investigated and the managers responsible for each variance will be blamed. noted and no further investigations are necessary. Requirement 2. Explain what management will do with this variance enough for Longman's management to know that a variance is is not Requirement 2. Explain what management will do with this varlance information. onough for Longmar's managoment to know that a variance occurred. They Why it occurred. Each of the din iance information. variance occurred. They why it occurred. Each of the direct materials varia do not need to know must know why ht occurred. Each of the direct materials variances will be Data table