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Entries for Materials Yellen Furnishings manufactures designer Furniture, Yelen Fumashings uses job order cost system. Balonces on June 1 from the materialedoer are as folio
Entries for Materials Yellen Furnishings manufactures designer Furniture, Yelen Fumashings uses job order cost system. Balonces on June 1 from the materialedoer are as folio Fabric $21.500 Polyester 6.500 Lumber 45,200 Glue 2.100 The materials purchased during one are red from the receiving reports as foros Fabric $110.900 Polyester filling 154,200 Lumber 103,900 Glue 10,500 Materials were requisitioned to individuals as to Fabric Polyester Filling Lumber Glue Total Job 601 541.000 556700 $135.200 5230.900 Job 602 31,600 55,200 121.000 205 800 Job 603 29.100 38.100 67200 334,450 Factory overheat-indirect materiais 55,300 5.300 Tota 5101,700 $145,000 3335.400 $5,300 5579.400 The glue is not a significant cost, so it is treated indirect matar actory overhead) 2. Journalce the entry to cecord the purchase of materials in lucent boxes not require an entry leave it blank Materials Accounts Payable Previous No The glo not a significant cost, so it is treated as indirect materais (factory overhead). 3. Journalize the entry to record the purchase of materials in June. Iran amont box does not require an entry leave it blank Materiais Accounts Payable b. Journalize the entry to record the requisition of materials in June. If an amount box does not require an entry leave it bank Work in Process Factory Overhead Material Fick c. Determine the one that would be shown in the material ledger accounts Fabric Polyester Filling Lumber Glue Balance, June 30
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