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During November, Google Manufacturing purchased $82,000 of raw materials on credit to add to its raw materials inventory. A total of $67,000 of raw materials
During November, Google Manufacturing purchased $82,000 of raw materials on credit to add to its raw materials inventory. A total of $67,000 of raw materials was requisitioned from Google's storeroom for use in production. These requisitioned raw materials included $7,000 of indirect materials. Required: Prepare journal entries for Google's purchase of materials and for their use in production. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the purchase of materials. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal In April, one of the processing departments at Madison Corporation had ending work in process inventory of $13,200. During the month, $416,000 of costs were added to production and the cost of units transferred out from the department was $438,000. In the department's cost reconciliation report for April, the cost of beginning work in process inventory for the department would be: Multiple Choice $35,200 $402,800 $8,800 $424,800
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