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10 22 points 8 01:35:28 QS 16-23 (Algo) Recording costs of materials LO P3 Hotwax makes surfboard wax in two sequential processes. This period,

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10 22 points 8 01:35:28 QS 16-23 (Algo) Recording costs of materials LO P3 Hotwax makes surfboard wax in two sequential processes. This period, Hotwax purchased $69,000 of raw materials on credit. Its Mixing department requisitioned $51,000 of direct materials for use in production. Prepare journal entries to record its purchase of raw materials and requisition of direct materials. View transaction list References Journal entry worksheet 1 2 Record purchase of raw materials inventory on account. Note: Enter debits before credits. Transaction a General Journal Debit Credit Record entry Clear entry View general journal

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