Hotwax makes surfboard wax in two sequential processes. This period, Hotwax purchased $75,000 of raw materials on credit. Its Mixing department requisitioned $61,500 of direct materials for use in production. Prepare journal entries to record its purchase of raw materials and requisition of direct materials. Journal entry worksheet Record purchase of raw materials inventory on account. Note: Enter debits before credits: Hotwax makes surfboard wax in two sequential processes. This period, Hotwax purchased $75,000 of raw materials on credit. Its Mixing department requisitioned $61,500 of direct materials for use in production. Prepare journal entries to record its purchase of raw materials and requisition of direct materials. 1 Record purchase of raw materials inventory on account. 2 Record direct materials used in production. Credit Note: C= journal entry has been entered