Standard Cost Journal Entries Bellingham Company produced 3,200 units that require eight standard pounds per unit at a $8.5 standard price per pound. The company actually used 25,100 pounds in production Journalize the entry to record the standard direct materials used in production. For a compound transaction, if an amount box does not require an entry, leave it blank. Service Department Charges The centralized computer technology department of Hardy Company has expenses of $82,800. The department has provided a total of 9,200 hours of service for the period The Retail Division has used 6,992 hours of computer technology service during the period, and the Commercial Division has used 2,208 hours of computer technology service. How much should each division be charged for computer technology department services? Do not round interim calculations. Retail Division Commercial Division Residual Income The Commercial Division of Galena Company has income from operations of $170,320 and assets of $498,000. The minimum acceptable return on assets is 9%. What is the residual income for the division