Question

eBook Show Me How Calculeb Print Item Materials were requisitioned to individual jobs as follows: Fabric Polyester Filling Lumber Glue Total Job 81 Job 82 $43,900 33,800 31,200 $55,300 60,100 40,800 $147,900 129,500 72,000 $247,100 223,400 144,000 Job 83 Factory overhead-indirect materials $5,700 5,700 Total $108,900 $156,200 $349,400 $5,700 $620,200 The glue is not a significant cost, so it is treated as Indirect materials (factory overhead). a. Journalize the entry to record the purchase of materials on account in April a. Materials Accounts Payable 614.500 x Check My Work a Increase materials inventory and a lability for the total of purchases Learning Objective 2 b. Journalize the entry to record the requisition of materials in April. If an amount box does not require an entry, leave it blank Check My Work Previous Next > All work saved Email Instructor Save and Exit Submit Assignment for Grading

Answer 1

$604,000 (a) Materials Accounts $604000 ($115,600 + 160,700+ 316.700 711,000) 2 (6) Work in process 2 factory Overhead Materials $614,500 $5,700 a $620,200 ($ 247,100 + 223,400+144,000) 3 Balance as on Apul 30 fabric - Opering Bulance $22,800 I di 4 Purchases 115,600 $130, Yoo - Requisition (100,900) Polyestes Lumber Glue filling $6,800 $51,100 $2,200 160,700 316,700 2,000 $167,500 $367,800 $13,200 (156,200) (349.400) (5,700). $29,500 $1,300 $18,400 $7500