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Amounts for Materials Big Timber Furniture Company manufactures furniture. Big Timber Furniture uses a job order cost system. Balances on June 1 from the materials
Amounts for Materials Big Timber Furniture Company manufactures furniture. Big Timber Furniture uses a job order cost system. Balances on June 1 from the materials ledger are as follows: Fabric Polyester filling Lumber Glue $21,300 6,400 47,700 2,000 The materials purchased during June are summarized from the receiving reports as follows: Fabric Polyester filling Lumber Glue $106,700 148,300 292,400 10,100 Materials were requisitioned to individual jobs as follows: Polyester Lumbe Glue Fabric Lumber Glue Filling Job 101 Job 102 Job 103 Factory overhead-indirect materials Total $39,500 30,400 28,000 $49,800 $133,100 54,100116,500 36,700 64,800 $222,400 201,000 129,500 5,100 5,100 $97,900 $140,600 $314,400 $5,100 $558,000 a. Determine the total purchase of materials in June. b. Determine the amounts of materials transferred to Work in Process and Factory Overhead for the requisition of materials in June Materials transferred to Work in Process Materials transferred to Factory Overhead c. Determine the June 30 balances that would be shown in the materials ledger accounts. Balance, June 30 Fabric Polyester Filling Lumber Glue
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