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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
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 Polyester filling Lumber Glue $40,500 28,600 62,400 6,550 The materials purchased during June are summarized from the receiving reports as follows: Fabric Polyester filling Lumber Glue $440,000 180,000 360,000 40,000 Materials were requisitioned to individual jobs as follows:
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