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GenX Furnishings Company manufactures designer furniture. GenX Furnishings uses a job order cost system. Balances on June 1 from the materials ledger are as follows:
GenX Furnishings Company manufactures designer furniture. GenX Furnishings uses a job order cost system. Balances on June 1 from the materials ledger are as follows: $68,040 Fabric Polyester filling 19,070 Lumber Glue 153,850 6,970 The materials purchased during June are summarized from the receiving reports as follows: $337,790 Polyester fling 472,170 Lumber 909,960 Glue 34,780
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