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Entries for Materials Genx Furnishings manufactures designer furniture, GenX Furnishings utes a job order cost system, Balance on June 1 from the materials ledger are

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Entries for Materials Genx Furnishings manufactures designer furniture, GenX Furnishings utes a job order cost system, Balance on June 1 from the materials ledger are as follows: Fabric $21,600 Polyester filing 6.500 Lumber 48,400 Glue 2,100 The materials purchased during June are summarized from the receiving reports as follows Fabric $108,400 Polyester Mulling 150,700 Lumber 297,000 Glue 10,300 Materials were requisitioned to individual jobs as follows: Polyester Filling Glue Lumber Fabric Total $40.100 $325,700 $50.500 $135,100 Job 601 204,100 30,900 54,900 110,300 Job 602 1400 2500 17.30 103 2 PM Job 603 28,500 37,300 65,800 131,600 Factory overhead-indirect materials $5,200 5,200 Total $99,500 $142,700 $319,200 $5,200 $566,600 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. Work in Process 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. Lumber Glue Fabric Polyester Filling Balance, June 30 830 PM

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