Issuance of Materials On May 7, Jernigan Company purchased on account 780 units of raw materials at $24 per unit. During May, raw materials were requisitioned for production as follows: 242 units for Job 200 at $21 per unit and 351 units for Job 305 at $24 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 15,580 Accounts Payable 15,580 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 88 V