Kingsford Furnishings Company manufactures designer furniture. Kingsford Furnishings uses job ardier costing. Balances on Aprit 1 from the muaterials kadper are as follows: The materials purchased during April are summarized from the receiving reports as follows: Materials were requistioned to individual fobs as follows: Ine guve is not a significant cost, so if is treated as indirect materials (factory overhead). a. Journalize the entry to record the purchase of materials in April. If an amount box does not require an entry, leave it blank. reouback Theck My Wost a. Increase materials mventory and a liability for the total of purchases b. Joumalize the entry to record the requisition of materials in April, If an amount box does not require an entry, leave it Blank. a. Journalize the entry to record the purchase of materials in April. If an amount box does not require an entry, leave it blank. Feechack TCheck My Work a Increase materals inventory and a libility for the total of purchases. b. Journalize the entry to record the requisition of materials in April. If an amount box does not requine an entry, have it blank. c. Determine the Aprit 30 bolances that would be shown in the materlals ledger accounts. Job Order Costing for a Service Company The Fy Company provides advertising services for clients across the nation. The Fly Cocnpany is presently working on four projects, each for a different client. The Fly Company accumulates costs for each account (client) on the basis of both direct costs and allocated indirect costs. The direct costs include the chiarged timie of professionat personnel and media purchases (air time and ad space). Overhend is allocated to cach project as a percentage of media purchases. The predetermined ovirheavd tate is 55%6 of media purchases. On August 1 , the four advertising projects had the following accumulated costs: At the end of August, both the Vault Aank and Take Oft Airlines campalgns were completed. The costs of completed compaigns are debired to the cost of services occount. a. Joumalize the summary entry to record the direct babor costs for the month. If an amount box does not require an entry, leave it blank. resthark Check. Mr whek b. Journalize the summary entry to record the media purchases for the month. If an amount box does not require an entry, feave it blank. b. Journalize the summary entry to record the media purchases for the month. If an amount box does not require an entry, leave it blank: c. Journalize the summary entry to record the overhead applied for the month. If an omount box does not require an untry, feave it bank. c. d. Journalize the summary entry to record the completion of Vault Bank and Take Off Airlines for the month. If an omount box does not reguir an entry, led blank. b. Journalize the summary entry to record the media purchases for the month. If an amount box does not require an entry, leave it blank: c. Journalize the summary entry to record the overhead applied for the month. If an omount box does not require an untry, feave it bank. c. d. Journalize the summary entry to record the completion of Vault Bank and Take Off Airlines for the month. If an omount box does not reguir an entry, led blank