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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

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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: Fabric $27,900 Polyester filling 8,400 Lumber 62,500 Glue 2,700 The materials purchased during June are summarized from the receiving reports as follows: Fabric $140,600 Polyester filling 195,400 Lumber 385,200 Glue 13,400 Materials were requisitioned to individual jobs as follows: Polyester Fabric Lumber Glue Total Filling Job 601 $52,000 $65,500 $175,200 $292,700 Job 602 40,000 71,200 153,400 264,600 Job 603 36,900 48,400 85,300 170,600 Factory overhead-indirect $6,800 6,800 materials Job 601 $175,200 $292,700 Job 602 $52,000 40,000 36,900 $65,500 71,200 Job 603 153,400 85,300 264,600 170,600 48,400 Factory overhead-indirect materials $6,800 6,800 Total $128,900 $185,100 $413,900 $6,800 $734,700 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. a. b. Journalize the entry to record the requisition of materials in June. If an amount box does not require an entry, leave it blank. b. c. Determine the June 30 balances that would be shown in the materials ledger accounts: Fabric Polyester Filling Lumber Glue Balance, June 30

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