Tulip Incorporated uses standard costing, and its manufacturing standards are as follows: 5 pounds of materials at $14.5 per pound, and 6 hours of labor at $13 per hour. Budgeted production last period was 5,300 units, and actual production was 5,100 units. Last period, Tulip purchased and used 10,100 pounds of materials for $150,000, and used 15,300 labor hours, costing $148,000. What is the journal entry to record the purchase of materials?