Standard Cost Journal Entries

Dvorak Company produced 4,500 units that require 12 standard pounds per unit at $7.5 standard price per pound. The company actually used 56,200 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	_______	______