Entries for Materials GenX Furnishings manufactures designer furniture GenX Furnishings uses a job order cost system Balances on June 1 from the material ledger are as follows: Fabric 318.400 Polyester filling 5,500 Lumber 41,200 Glue 1,000 The materials purchased during June are summarized from the receiving reports as follows Fabric $93,300 Polyester filing 129,700 255,600 Glor 8,900 Mates were restined to individual jos as follows: Polyester Fabric Filling Lumber Glue Total 001 $33,600 542,300 $113,200 $169,100 Job 602 25.900 46,000 99,100 171.000 Job 603 23,900 31,200 55,100 110,200 Factory overhead-indirect $4,400 4,400 materials 583.400 $119.500 $262.400 54,400 474,700 The glue most a significant tot solt is treated as Indirect materials (factory overhead) .. Journals the entry to read the purchase of materials in June Polyester Fabric Filling Lumber Glue Total Job 601 $33,600 $42,300 $113,200 $189,100 Job 602 25,900 46,000 99,100 171,000 Job 603 23,900 31,200 55,100 110,200 Factory overhead-indirect $4,400 materials 4,400 Total $83,400 $119,500 $267,400 $4,400 $474,700 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. 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. Polyester Filling Lumber Glue Balance, June 30 Fabric