Issuance of Materials On May 7, Hatch Company purchased on account 550 units of raw materials at $18 per unit. During May, raw materials were requisitioned for production as follows: 176 units for Job 200 at $16 per unit and 209 units for Job 305 at $18 per unit. Journalize the entry on May 7 to record the purchase. May 7 Materials Accounts Payable Joumalize the entry on May 31 to record the requisition from the materials storeroom. May 31 Work in Process Materials o