Sager Company manufactures variations of its product, a technopress, in response to custom orders from its customers. On May 1, the company had no inventories of work in process or finished goods but held the following raw materials Material M Material R Paint Total cost 200 units 95 units 55 units e oped $250- 180 75 - $50,000 17,100 4,125 $71,225 ook On May 4, the company began working on two technopresses: Job 102 for Worldwide Company and Job 103 for Reuben Company ences o. Purchased raw materials on credit and recorded the following information from receiving reports and invoices Receiving Report No. 426. Material M, 250 units at $250 each Receiving Report No. 427, Material R. 90 units at $180 each Instructions: Record these purchases with a single journal entry. Enter the receiving report information on the materials ledger cards b. Requisitioned the following raw materials for production Requisition No. 35, for Job 102. 135 units of Material M Requisition No. 36. for Job 102.72 units of Material R Reitinn No 27 for Inh102 70 unite nf Material M Sager Company manufactures variations of its product, a technopress, in response to custom orders from its customers. On May 1, the company had no inventories of work in process or finished goods but held the following raw materials Material M Material R Paint Total cost 200 units 95 units 55 units e oped $250- 180 75 - $50,000 17,100 4,125 $71,225 ook On May 4, the company began working on two technopresses: Job 102 for Worldwide Company and Job 103 for Reuben Company ences o. Purchased raw materials on credit and recorded the following information from receiving reports and invoices Receiving Report No. 426. Material M, 250 units at $250 each Receiving Report No. 427, Material R. 90 units at $180 each Instructions: Record these purchases with a single journal entry. Enter the receiving report information on the materials ledger cards b. Requisitioned the following raw materials for production Requisition No. 35, for Job 102. 135 units of Material M Requisition No. 36. for Job 102.72 units of Material R Reitinn No 27 for Inh102 70 unite nf Material M