Titus Company purchased on account and used 650 pounds of tomatoes (direct materials) to produce a taco sauce with a 635 pound standard direct materials requirement. The standard materials price is $22.40 per pound. The actual price of the tomatoes was $22.20 per pound. Titus records standards and variances in the general ledger.

1. Prepare the journal entry to record the purchase of the tomatoes on account. If an amount box does not require an entry, leave it blank.

2. Prepare the journal entry to record the tomatoes entering production. If an amount box does not require an entry, leave it blank.