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will give a thumbs ip if done all requirements and are correct ...

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Accounting

will give a thumbs ip if done all requirements and are correct
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The following direct materials variance analysis was performed for Longman. (Click the icon to view the materials variance analysis.) Read the requirements. Requirement 1. Record Longman's direct materials journal entries. Assume purchases were made on account. Begin by journalizing the purchase of direct materials, including the related variance. (Prepare a single compound journal entry. Record debits first, then credits. Select the explanations on the last line of the journal entry table.) The following direct materials variance analysis was performed for Longman. (Click the icon to view the materials variance analysis.) Read the requirements. Requirements 1. Record Longman's direct materials journal entries. Assume purchases were made on account. 2. Explain what management will do with this variance information

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