Materials Costing for a Furniture Company Pull Up a Chair Company manufactures furniture. The company uses a job order cost system. Balances on August 1 from the materials ledger are as follows: Fabric Polyester filling Lumber Glue $26,800 8,000 60,000 2,600 The materials purchased during August are summarized from the receiving reports as follows: Fabric Polyester filling Lumber Glue $133,500 185,600 365,800 12,700 Materials were requisitioned to individual jobs as follows: Fabric Polyester Filling Lumber Glue Total Job 205 $48,100 $60,600 $162,100 $270,800 Job 206 37,000 65,900 141,900 244,800 Job 207 34,200 44,700 78,900 157,800 Factory overhead-indirect materials $6,300 6,300 Total $119,300 $171,200 $382,900 $6,300 $679,700 The glue is not a significant cost, so it is treated as indirect materials (factory overhead). a. Determine the total purchase of materials in August. b. Determine the amounts of materials transferred to Work in Process and Factory Overhead during August. Materials transferred to Work in Process Materials transferred to Factory Overhead c. Determine the August 31 balances that would be shown in the materials ledger accounts. Fabric Polyester Filling Lumber Glue Balance, August 31