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Entries for Materials GenX Furnishings manufactures designer furniture. GenX Furnishings uses a job order cost...

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Entries for Materials GenX Furnishings manufactures designer furniture. GenX Furnishings uses a job order cost system. Balances on June 1 from the materials ledger are as follows: $23,600 Fabric Polyester filling 7,100 Lumber 52,900 Glue 2,300 The materials purchased during June are summarized from the receiving reports as follows: Fabric Polyester filling $116,100 161,400 318,100 Lumber Glue 11,000 Materials were requisitioned to individual jobs as follows: Polyester Filling Fabric Lumber Glue Total Job 601 $55,600 $148,600 $248,300 $44,100 34,000 31,300 60,400 130,100 Job 602 Job 603 224,500 41,000 72,300 144,600 Factory overhead- indirect materials $5,700 5,700 Total $109,400 $157,000 $351,000 $5,700 $623,100 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 June. b. Journalize the entry to record the requisition of materials in June. If an amount box does not require an entry, leave it blank. c. Determine the June 30 balances that would be shown in the materials ledger accounts. Glue Fabric $0 Polyester Filling $0 Lumber $ Balance, June 30

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