Opal Manufacturing uses a standard cost system. Standards for direct materials are as follows: Direct materials...

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Opal Manufacturing uses a standard cost system. Standards for direct materials are as follows: Direct materials (pounds per unit of output) Cost per pound of direct materials 9 $9 The company plans to produce 600 units and has purchased on account 1,700 pounds of direct materials at a net cost of $14,300. What is the journal entry to record the purchase of materials? Opal Manufacturing uses a standard cost system. Standards for direct materials are as follows: Direct materials (pounds per unit of output) Cost per pound of direct materials 9 $9 The company plans to produce 600 units and has purchased on account 1,700 pounds of direct materials at a net cost of $14,300. What is the journal entry to record the purchase of materials?

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