Ashlee Company records standard costs and variances in its accounts. Journalize the entry to record the purchase of 4,500 widgets at $7.45 per unit, assuming widgets have a standard cost of $7.15 per unit.

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The Answer of Ashlee Company records standard costs and variances in its accounts. Journalize the entry to record the purchase of 4,500 widgets at $7.45 per unit, assuming widgets have a standard cost of $7.15 per unit.

Ashlee Company Records Standard Costs and Variances in Its Accounts