Entries for Materials GenX Furnishings Company manufactures designer furniture. GenX Furnishings uses a job order cost system. Balances on June 1 from the materials ledger are as follows: $30,700 Fabric Polyester filling 9,200 Lumber 68,800 Glue 2,900 The materials purchased during June are summarized from the receiving reports as follows: Fabric $151,000 Polyester filling Lumber 209,900 413,700 14,300 Glue Materials were requisitioned to individual jobs as follows: Polyester Fabric Filling Lumber Glue Total $314,700 Job 601 Job 602 $55,900 43,000 39,700 $70,400 76,600 52,000 $188,400 164,900 91,700 284,500 183,400 Job 603 Factory overhead-indirect materials $7,300 7,300 Total $138,600 $199,000 $445,000 $7,300 $789,900 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 June. Accounts Payable Materials b. Journalize the entry to record the requisition of materials in June. If an amount box does not require an entry, leave it blank. h Work in Process Factory Overhead Materials c. Determine the June 30 balances that would be shown in the materials ledger accounts. Fabric Polyester Filling Lumber Glue Taong Popester Filing Lumber Balance, June 30 $