Homework Answers
Journalize the entry to record the issuance of materials:
| General Journal | Debit | Credit |
| Work in process | $158700 | |
| Factory overhead | $2250 | |
| Material inventory | $160950 | |
| (To record the issue of materials) |
Notes:
- Direct Materials: Materials which are directly into production activity should charged to Work in process
- Indirect materials: Materials which are indirectly into production activity, should charged to factory overheads.
- Here, the only indirect material is Glue, $2250 should charged to factory overheads
- Direct Materials which are as follows should be charged to Work in process.
| Alluminium | $88700 |
| Plastic | $27600 |
| Rubber | $3650 |
| Steel | $38750 |
| Total material charged to WIP | $158700 |
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