Entries for Materials

Kingsford Furnishings Company manufactures designer furniture. Kingsford Furnishings uses job order costing Balances on April 1 from the materials ledger are as follows:

Fabric	$58,300
Polyester filling	30,000
Lumber	58,800
Glue	9,950

The materials purchased during April are summarized from the receiving reports as follows:

Item	Amount
Fabric	$820,000
Polyester filling	315,000
Lumber	555,000
Glue	80,000

Materials were requisitioned to individual jobs as follows:

	Fabric	Polyester Filling	Lumber	Glue	Total
Job 601	$190,000	$66,200	$118,500		$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 materials				$83,600	83,600
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).

Question Content Area

a. Journalize the entry to record the purchase of materials in April. If an amount box does not require an entry, leave it blank.