Raw Materials Inventory Journal Entries. The balance in Lopez Company$$s raw materials inventory account was $$45,000$ at the beginning of April. Raw materials purchased during the month totaled $$55,000.$ The company used $$48,000$ in direct materials and $$28,000$ in indirect materials for the month.

Required:

Prepare separate journal entries to record the following items:

Raw materials purchased for the month, assuming all purchases were on account

The transfer of direct materials into production

The transfer of indirect materials into production

Prepare a T$-$account for raw materials inventory and include the beginning balance for April. Post the appropriate items from the journal entries in requirement a to this account, and calculate the ending balance in raw materials inventory. Raw Materials Inventory Journal Entries. The balance in Lopez Company's raw materials

inventory account was $$45,000$ at the beginning of April. Raw materials purchased during the

month totaled $$55,000.$ The company used $$48,000$ in direct materials and $$28,000$ in indirect

materials for the month.

Required:

a$.$ Prepare separate journal entries to record the following items:

Raw materials purchased for the month, assuming all purchases were on account

The transfer of direct materials into production

The transfer of indirect materials into production

b$.$ Prepare a T$-$account for raw materials inventory and include the beginning balance for April.

Post the appropriate items from the journal entries in requirement $a$ to this account, and

calculate the ending balance in raw materials inventory.