Robin Company purchased and used 2,200 pounds of direct materials to produce a product with a 2,400 pound standard direct materials requirement. The standard materials price is $3.40 per pound. The actual materials price was $3.20 per pound. Determine thejournal entriesamounts to record

(1) the purchase of the materials,enter the amounts for:

The Debit to Materials Inventory $

The Credit to Direct Materials Price Variance $

The Credit to Accounts Payable $

2) the material entering production, enter amounts for:

The Debit to Work in Process $

The Credit to Direct Materials Quantity Variance $

The Credit to Materials Inventory $