Standard Cost Journal Entries Bellingham Company produced 5,400 units that require nine standard pounds per unit at a $6 standard price per pound. The company actually used 47,100 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. Work in Process Direct Materials Quantity Variance 110 110 Materials Feedback Check My Work A debit balance in the Direct Materials Quantity Variance account represents an unfavorable variance. Likewise, a credit balance in the Direct Materials Quantity Variance account represents a favorable variance. Learning Objective 5