Save Submit Test for Grading nse Question 1 of 2S . Robin Company purchased and used 520 pounds of direct materials to produce a product with a 510 pound standard direct materials requirement. The standard materials price is $2.10 per pound. The actual materials price was $2.00 per pound. Robin records standards and variances in the general ledger Hide 1. Prepare the journal entries to record the purchase of the materials. For a compound transaction, if an amount box does not require O an entry, leave it blank or enter "O