EX 16-5 Entries for materials Obj. 2 Kingsford Furnishings 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 are summarized from the receiving reports as follows: Fabric Polyester filling Lumber $820,000 315,000 555,000 80,000 Glue Materials were requisitioned to individual jobs as follows: Polyester Fabric 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). a. Journalize the entry to record the purchase of materials in April. b. Journalize the entry to record the requisition of materials in April. c. Determine the April 30 balances that would be shown in the materials ledger accounts.