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Entries for Materials Kingsford Furnishings Company manufactures designer furniture, Kingsford Furnishings uses a job order cost wystem. Balances on April 1 from the materials ledger

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Entries for Materials Kingsford Furnishings Company manufactures designer furniture, Kingsford Furnishings uses a job order cost wystem. Balances on April 1 from the materials ledger are as follows: Fabric $19,800 Polyester filling 5,900 Lumber 44,400 1,900 The materials purchased during April on accountare summarized from the receiving reports as follows: Fabric Polyester filling Lumber Glue 399.600 138,400 272,900 9,500 Materials were requisitioned to individual jobs as follows: Fabric Polyester Fling Lumber Glue Total Job 601 Job 602 Job 603 Factory overhead-indirect materials $37,800 29,100 26,800 547,600 51,800 35,200 $127.400 111,500 62,000 5212,800 192,400 124,000 $4,900 4,900 $93,700 $134,600 $300,900 $4,900 $534,100 The glue is not a significant cost, so it is treated as indirect materials (factory overhead) Apps Youtube UCC Print Item Ch 16 Problem Set eBook Show Me How Lumber Glue - Calculator Total Fabric Filling Job 601 $37,800 $47,600 $127,400 $212,800 Job 602 29,100 51,800 111,500 192,400 Job 603 26,800 35,200 62,000 124,000 Factory overhead-indirect $4,900 4,900 materials Total $93,700 $134,600 $300,900 $4,900 $534,100 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 b. Journalize the entry to record the requisition of materials in April. If an amount box does not require an entry, leave it blank. c. Determine the April 30 balances that would be shown in the materials ledger accounts. Fabric Polyester Elling Lumber Glus Balance, April 30 Check My Work more check My Workestering

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