Kingsford Furnishings Company manufactures designer furniture. Kingsford Furnishings uses job order costing. Balances on April 1...

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Kingsford Furnishings Company manufactures designer furniture. Kingsford Furnishings uses job order costing. Balances on April 1 from the Fabric Polyester filling Lumber Glue $27,900 8,400 62,500 2,700 The materials purchased during April are summarized from the receiving reports as follows: Fabric Polyester filling Lumber Glue $137,000 190,400 375,400 13,000 Materials were requisitioned to individual jobs as follows: Job 601 Job 602 Job 603 Factory overhead-indirect materials Total Fabric Polyester Filling Lumber Glue Total $52,100 40,100 37,000 $65,600 $175,600 71,400 48,500 $293,300 153,700 85,400 265,200 170,900 $6,800 6,800 $129,200 $185,500 $414,700 $6,800 $736,200 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 in April. If an amount box does not require an entry, leave it blank. a. Materials Accounts Payable b. Journalize the entry to record the requisition of materials in April. If an amount box does not require an entry, leave it blank. b. Work in Process c. Determine the April 30 balances that would be shown in the materials ledger accounts. Fabric Polyester Filling Lumber Glue Balance, April 30 35,700 13,300 23,200 15,700 x Kingsford Furnishings Company manufactures designer furniture. Kingsford Furnishings uses job order costing. Balances on April 1 from the Fabric Polyester filling Lumber Glue $27,900 8,400 62,500 2,700 The materials purchased during April are summarized from the receiving reports as follows: Fabric Polyester filling Lumber Glue $137,000 190,400 375,400 13,000 Materials were requisitioned to individual jobs as follows: Job 601 Job 602 Job 603 Factory overhead-indirect materials Total Fabric Polyester Filling Lumber Glue Total $52,100 40,100 37,000 $65,600 $175,600 71,400 48,500 $293,300 153,700 85,400 265,200 170,900 $6,800 6,800 $129,200 $185,500 $414,700 $6,800 $736,200 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 in April. If an amount box does not require an entry, leave it blank. a. Materials Accounts Payable b. Journalize the entry to record the requisition of materials in April. If an amount box does not require an entry, leave it blank. b. Work in Process c. Determine the April 30 balances that would be shown in the materials ledger accounts. Fabric Polyester Filling Lumber Glue Balance, April 30 35,700 13,300 23,200 15,700 x