Example Exercise 19-1 Issuance of Materials Obj. 2 On March 5, Hatch Company purchased 400 units of raw materials at $14 per unit. During March, raw materials were requisitioned for production as follows: 200 units for Job 101 at $12 per unit and 300 units for Job 102 at $14 per unit. Journalize the entry on March 5 to record the purchase and on March 31 to record the requisition from the materials storeroom. Follow My Example 19-1 5,600 5,600 6,600** 6,600 Mar. 5 Materials. Accounts Payable 31 Work in Process Materials.... *$5,600 = 400 x $14 **Job 101 $2,400 = 200 x $12 Job 102 4,200 = 300 x $14 Total $6,600 Example Exercise 19-2 Direct Labor Costs Obj. 2 During March, Hatch Company accumulated 800 hours of direct labor costs on Job 101 and 600 hours on Job 102. The total direct labor was incurred at a rate of $16 per direct labor hour for Job 101 and $12 per direct labor hour for Job 102. Journalize the entry to record the flow of labor costs into production during March. Follow My Example 19-2 20,000* 20,000 Work in Process Wages Payable.. "Job 101 $12,800 = 800 hrs. x $16 Job 102 7,200 = 600 hrs. x $12 Total $20,000 Practice Exercises: PE 19-2A, PE 19-2B EE 19-1 p. 929 PE 19-1B Issuance of materials OBJ. 2 On August 4, Rothchild Company purchased on account 12,000 units of raw materials at $14 per unit. During August, raw materials were requisitioned for production as follows: 5,000 units for Job 40 at $8 per unit and 6,200 units for Job 42 at $14 per unit. Journalize the entry on August 4 to record the purchase and on August 31 to record the requisition from the materials storeroom. > EE 19-2 p.931 v OBJ. 2 PE 19-2B Direct labor costs During August, Rothchild Company accumulated 3,500 hours of direct labor costs on Job 40 and 4,200 hours on Job 42. The total direct labor was incurred at a rate of $25.00 per direct labor hour for Job 40 and $23.50 per direct labor hour for Job 42. Journalize the entry to record the flow of labor costs into production during August