Journalize Standard Cost Entries Encinas Company produced 2,300 units that require 6 standard pounds per unit at $1.75 standard price per pound. The company actually used 13,600 pounds in production. Journalize the entry to record the standard direct materials used in production. If an amount box does not require an entry, leave it blank. Work in Process ✓ Direct Materials Quantity Variance✔ Materials ✓
Journalize Standard Cost Entries Encinas Company produced 2,300 units that require 6 standard pounds per unit at $1.75 standard price per pound. The company actually used 13,600 pounds in production. Journalize the entry to record the standard direct materials used in production. If an amount box does not require an entry, leave it blank. Work in Process ✓ Direct Materials Quantity Variance✔ Materials ✓
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Journalize Standard Cost Entries
Encinas Company produced 2,300 units that require 6 standard pounds per unit at $1.75 standard price per pound. The company actually used 13,600
pounds in production.
Journalize the entry to record the standard direct materials used in production. If an amount box does not require an entry, leave it blank.
Work in Process ✓
Direct Materials Quantity Variance✔
Materials ✓
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