Issuance of Materials

On May 7, Hatch Company purchased on account 770 units of raw materials at $23 per unit. During May, raw materials were requisitioned for production as follows: 285 units for Job 200 at $21 per unit and 362 units for Job 305 at $23 per unit.

Journalize the entry on May 7 to record the purchase. If an amount box does not require an entry, leave it blank.

May 7	Materials
	Accounts Payable

Journalize the entry on May 31 to record the requisition from the materials storeroom. If an amount box does not require an entry, leave it blank.

May 31	Work in Process
	Materials