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GenX Furnishings manufactures designer furniture. GenX Furnishings uses a job order cost system. Balances on June 1 from the materials ledger are as follows: The

GenX Furnishings manufactures designer furniture. GenX Furnishings uses a job order cost system. Balances on June 1 from the materials ledger are as follows:

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

Materials were requisitioned to individual jobs as follows:

The glue is not a significant cost, so it is treated as indirect materials (factory overhead).

  1. Journalize the entry to record the purchase of materials in June.

  2. Journalize the entry to record the requisition of materials in June.

  3. Determine the June 30 balances that would be shown in the materials ledger accounts.

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