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(Solved):   please help The managers at Bonita Company were excited to learn that the purchasing depar ...



The managers at Bonita Company were excited to learn that the purchasing department got a bulk shipment of a key raw material

 

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The managers at Bonita Company were excited to learn that the purchasing department got a bulk shipment of a key raw material for \( \$ 7,300 \), a \( \$ 600 \) savings from their plan. Later that month, however, the production department had used nearly all the material that had been purchased, noting a \( \$ 1,300 \) higher cost of material used than its flexible budget DM cost of \( \$ 6,000 \). Record Bonita's journal entry for the purchase of DM using standard costing, and then record the company's journal entry for usage of DM using standard costing. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts. List all debit entries before credit entries.)


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Journal entries S.no. Accounts title and explan
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