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Show Me How Entries for Materials Kingsford Furnishings Company manufactures designer furniture. Kingsford Furnishings uses job order costing. Balances on April 1 from the

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Show Me How Entries for Materials Kingsford Furnishings Company manufactures designer furniture. Kingsford Furnishings uses job order costing. Balances on April 1 from the materials ledger are as follows: 1 Fabric Polyester filling Lumber Glue $27,700 8,300 62,000 2,700 The materials purchased during April are summarized from the receiving reports as follows: Fabric Polyester filling Lumber Glue $134,600 187,100 368,800 12,800 Materials were requisitioned to individual jobs as follows: Fabric Polyester Filling Lumber Glue Total Job 601 $51,100 Job 602 39,300 Job 603 36,300 $64,400 $172,200 70,000 150,700 47,500 83,800 $287,700 260,000 167,600 Factory overhead-indirect materials $6,600 6,600 Total $126,700 $181,900 $406,700 $6,600 $721,900 The glue ir not Job 601 Job 602 Job 603 Factory overhead-indirect materials Total $51,100 39,300 $64,400 $172,200 $287,700 70,000 150,700 260,000 36,300 47,500 83,800 167,600 $6,600 6,600 $126,700 $181,900 $406,700 $6,600 $721,900 The glue is not a significant cost, so it 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. a. Cash 88 b. Journalize the entry to record the requisition of materials in April. If an amount box does not require an entry, leave it blank. b. c. Determine the April 30 balances that would be shown in the materials ledger accounts. Fabric Balance, April 30 Check My Work Polyester Filling Lumber Glue Previous Next >

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