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Entries for Materials GenX Furnishings manufactures designer furniture. GenX Furnishings uses a job order cost system. Balances on June 1 from the materials ledger are

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Entries for Materials GenX Furnishings manufactures designer furniture. GenX Furnishings uses a job order cost system. Balances on June 1 from the materials ledger are as follows: Fabric $24,700 7,400 Polyester filling Lumber 55,300 Glue 2,400 The materials purchased during June are summarized from the receiving reports as follows: $125,700 Fabric 174,700 Polyester filling Lumber 344,400 11,900 Glue Materials were requisitioned to individual jobs as follows: Materials were requisitioned to individual jobs as follows: Polyester Filling Fabric Glue Total Job 601 $45,300 $57,100 $255,100 Lumber $152,700 133,600 74,300 Job 602 230,600 34,900 32,200 62,100 42,100 Job 603 148,600 Factory overhead-indirect materials $5,900 5,900 Total $112,400 $161,300 $360,600 $5,900 $640,200 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 matenals 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. 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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