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Entries for Materials The materials purchased during April on account are summarized from the receiving...

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Accounting

Entries for Materials
The materials purchased during April on account are summarized from the receiving reports as follows:
Fabric
Polyester filling
Lumber
Glue
$98,900
137,500
271,000
9,400
Materials were requisitioned to individual jobs as follows:
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.
Accounts Payable
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.
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b. Increase the work in process for direct materials for the Jobs and factory overhead for the indirect materials.
c. Determine the April 30 balances that would be shown in the materials ledger accounts.
Fabric
Balance, April 30
Polyester Filling
Lumber
$
$
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