Cari S w Balances on April 1 from the materials ledger are a

Cari S. w Balances on April 1 from the materials ledger are as follows: $23,200 7,000 52,000 2,200 Polyester filing Lumber $117,900 163,900 323,000 11,200 Polyester filling Fabric Polyester Lumber Glue Total Filling $56,400 $151,000 61,400 132,200 41,700 73,500 $252,200 ob 101 Job 102 ob 103 228,100 34,500 31,800 $5,800 $159,500 $356,700 $5,800 $633,100 The glue is not a significant cost, so it is treated as indirect materials (factory overhead)

Solution

date Account Titles & Explanation debit Credit Journal Entry for Purchase of materilas Materilas A/c $616000         To Accounts payables A/c $616000 (being Purchase of materials has been recorded) Total Purchases fabric 117900 Polyester 163900 Lumber 323000 Glue 11200 616000 Journal entry for requisition of materials Work in process A/c $627300 factory over head A/c $5800                        To materials A/c $633100 (Being materals requisitioned has been recorded) Materials Requisitioned fabric 111100 Polyester 159500 Lumber 356700 627300 Factory Over head Glue 5800 5800