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Chapter 2 Assignment Saved 3 Fairfield Company's raw materials inventory transactions for the most recent month are summarized here: Beginning raw materials Purchases of

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Chapter 2 Assignment Saved 3 Fairfield Company's raw materials inventory transactions for the most recent month are summarized here: Beginning raw materials Purchases of raw materials 142 points Raw materials issued eBook Print Materials requisition 1445 Materials requisition 1446 Materials requisition 1447 Required: $ 11,900 107,000 46,500 For Job 101 37,500 For Job 102 14,500 Used on multiple jobs 1. How much of the raw materials cost would be added to the Work in Process Inventory account during the period? 2. How much of the raw materials costs would be added to the Manufacturing Overhead account? 3. Compute the ending balance in the Raw Materials Inventory account. 1. Direct Materials References 2. Indirect Materials 3. Ending Balance H

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