I just need some help on this please

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Many thanks and God bless!!!

The following direct materials variance analysis was performed for Goldman. (Click the icon to view the materials variance analysis.) Read the Leguirements_ Requirement 1. Record Goldman'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) Date Accounts and Explanation Debit Requirements Credit Data Table ACxAQ $0.65 per pounds 7,700 pounds ss,005 Cost Variance SC $0.45 per pounds 7,700 pounds S3,465 . Record Goldman's direct materials journal entries. Assume purchases were made on account 2. Explain what management will do with this variance informatiom scr SQ $0.46 per pound 71000 pounds $3, 150 Efficiency Variance $315 U print Done print Done