Standard cost journal entries Bellingham Company produced 14,000 units that require 3.0 standard pounds per unit at a $3.30 standard price per pound. The company actually used 42,800 pounds in production. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below. X Open spreadsheet Journalize the entry to record the standard direct materials used in production. If an amount box does not require an entry, leave it blank. Round your answers to the nearest dollar.