Question: Brief Exercise 24.9 (Static) Journal Entry for Direct Materials (LO24-3) One of the products of Hearts & Flowers is a one-pound box of chocolate candy,

Brief Exercise 24.9 (Static) Journal Entry for Direct Materials (LO24-3)

One of the products of Hearts & Flowers is a one-pound box of chocolate candy, packaged in a box bearing the customers logo (minimum order, 100 boxes). The standard cost of the chocolate candy used is $2 per pound. During November, 20,000 of these one-pound boxes were produced, requiring 20,800 pounds of chocolate candy at a total direct materials cost of $42,640.

Provide the journal entry for direct materials usage in the month of November for Hearts & Flowers.

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