suance of Materials On May 7, Bergan Company purchased on account 10,000 units of raw materials at $8 per unit. During May, raw materials were requisitioned for production as follows: 7,500 units for Job 200 at $8 per unit and 1,480 units for Job 305 at $5 per unit. Journalize the entry on May 7 to record the purchase. May 7 Materials 67400 X Accounts Payable Entry for Issuing Materials Materials issued for the current month are as follows: Job No. Amount Requisition No. 201 202 203 204 Material Aluminum Plastic $88,700 500 503 Rubber 504 27,600 3,650 2,250 Glue Indirect 205 Steel 510 38,750 Journalize the entry to record the issuance of materials. For a compound transaction, if an amount box does not require an entry, leave it blank. Work in Process Factory Overhead Materials 160,950