Entries for Materials Kingsford Fumishings Company manufactures designer furniture. Kingsford Furnishings uses a job order cost system. Balances on April 1 from the materials ledger are as follows: Fabric Polyester filling Lumber Glue $58,300 30,000 58,800 9,950 The materials purchased during April on account are summarized from the receiving reports as follows: Fabric Polyester filling Lumber Glue $820,000 315,000 555,000 80,000 Materials were requisitioned to individual jobs as follows: Fabric Job 601 $190,000 Polyester Filling $66,200 $118,500 Lumber Glue Total $374,700 Job 602 365,000 152,100 219,300 736,400 Job 603 255,000 101,700 196,200 552,900 Factory overhead-indirect +93 Enn 02 6nn hed to individual jobs as follows: Fabric Polyester Filling Lumber Glue Total Job 601 Job 602 $190,000 $66,200 $118,500 $374,700 365,000 Job 603 255,000 152,100 219,300 101,700 196,200 736,400 552,900 Factory overhead-indirect $83,600 83,600 materials Total $810,000 $320,000 $534,000 $83,600 $1,747,600 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 April. If an amount box does not require an entry, leave it blank. a. b. Journalize the entry to record the requisition of materials in April. If an amount box does not require an entry, leave it blank. b. c. Determine the April 30 balances that would be shown in the materials ledger accounts. materials Total $810,000 $320,000 $534,000 $83,600 $1,747,600 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 April. If an amount box does not require an entry, leave it blank. a. b. Journalize the entry to record the requisition of materials in April. If an amount box does not require an entry, leave it blank. b. 88 c. Determine the April 30 balances that would be shown in the materials ledger accounts. Balance, April 30 Fabric Polyester Filling Lumber Glue