15. EX. 16.05.ALGO (Algorithmic) Entries for Materials Kingsford Furnishings Company manufactures designer furniture. Kingsford Furnishings uses a job order cost system. Balances on April 1 from the materials ledger are as follows: Fabric $23,500 Polyester filling 7,100 Lumber 52,600 Glue 2,300 The materials purchased during April on account are summarized from the receiving reports as follows: Fabric $118,000 Polyester filling 164,000 Lumber 323,300 Glue 11,200 Materials were requisitioned to individual jobs as follows: Fabric Polyester Filling Lumber Glue Total Job 601 $43,700 $55,100 $147,300 $246,100 Job 602 33,600 59,900 128,900 222,400 Job 603 31,000 40,600 71,700 143,300 Factory overhead-indirect materials $5,700 5,700 Total $108,300 $155,600 $347,900 $5,700 $617,500 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. 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. c. Determine the April 30 balances that would be shown in the materials ledger accounts. Fabric Polyester Filling Lumber Glue Balance, April 30 $ $ $ $