Standard Cost Journal Entries Bellingham Company produced 4,600 units that require five standard pounds per unit at a $10.5 standard price per pound. The company actually used 22,500 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.

Dr work-in-process      $ 241,500.00  

Cr materials                                            $236,250

Cr direct material quantity variance      $ 5,250.00  

Step-by-step explanation:

The cost of the materials using standard price per pound of $10.5 is computed below:

standard cost=4,600*5*$10.5=$241,500.00  

The above is debited to work in process account.

The actual cost of materials used =22,500*$10.5=$236,250.00  

Since the actual cost materials is $ 236,250.00  ,the materials ledger is credited with $ 236,250.00  

The direct material quantity variance=$241,500-$236,250=$5,250  

hi there!

first we need to find out how much they are adding to each number to make the next number.

ex: 4 + 4 = 8, 8 + 8 = 16, and so on.

so continuing with 32,

32 + 32 = 64

64 + 64 = 128

128 + 128 = 256

256 + 256 = 512

4, 8, 16, 32, 64, 128, 256, 512

the 8th term of the sequence will be 512

hope this ! ~