Standard Cost Journal Entries

Bellingham Company produced 5,900 units that require six standard pounds per unit at a $4.5 standard price per pound. The company actually used 34,300 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
	Materials