Recording Issuing of Materials Materials issued for the current month are as follows: Requisition No. Material Job No. Amount 945 Fiberglass 78 $23,936 946 Plastic 93 11,696 947 Glue Indirect 1,299 948 Wood 99 4,284 949 Aluminium 108 45,492 a. Determine the amount of materials transferred to Work in Process and Factory Overhead for the current month. Materials transferred to Work in Process 85,408 Materials transferred to Factory Overhead 1,299 b. Illustrate the effect on the accounts and financial statements of the materials transferred in (a). If no account or activity is affected, select "No effect" from the drop-down list and leave the corresponding number entry box blank. Enter account decreases and cash outflows as negat amounts. Balance Sheet Statement of Cash Flows Assets Liabilities + Stockholders' Equity + + Statement of Cash Flows Income Statement