eBook Recording Issuing of Materials Materials issued for the current month are as follows: Requisition No. 945 946 947 948 949 Material Fiberglass Plastic Glue Wood Aluminium Job No. 78 93 Indirect Amount $17,600 8,600 955 3,150 33,450 108 a. Determine the amount of materials transferred to Work in Process and Factory Overhead for the current month. Materials transferred to Work in Process Materials transferred to Factory Overhead b. Illustrate the effect on the accounts and financlal statements of the materials transferred in (a) If no account or activity is affected, select "No effect" from the drop-down list and leave the corresponding number entry box blank. Enter account decreases and cash outfiows as negative amounts. Statenent of Cash Balance Sheet Income Flows Statement Assets Liabilities Stockholders' Equity Materials +Work in Process Factory Overhead No effect No effect Statement of Cash Flows Income Statement No effect No effect Hide Feedback Partially Correct or a. Increase the work-in-process for direct materials and factory overhead for the indirect materials b. Materials will decrease and Work-in-Process and Factory Overhead will increase