Issuance of Materials

On August 4, Rothchild Company purchased on account 12,000 units of raw materials at $14 per unit. On August 24, 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.

Aug. 4	Materials
	Accounts Payable

Journalize the entry on August 24 to record the requisition from the materials storeroom.

Aug. 24	Work in Process
	Materials

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.

	Work in Process
	Wages Payable

Factory Overhead Costs

During August, Rothchild Company incurred factory overhead costs as follows: indirect materials, $17,500; indirect labor, $22,000; utilities cost, $9,600; and factory depreciation, $17,500.

Journalize the entry to record the factory overhead incurred during August.

For a compound transaction, if an amount box does not require an entry, leave it blank.

	Factory Overhead
	Materials
	Wages Payable
	Utilities Payable
	Accumulated Depreciation-Factory