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 $ 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 Feedback Check My Work b Increase the work in process for direct materials for the Jobs and factory overhead for the indirect materials. c Determine the April balances that would be shown in the materials ledger accounts. Fabric Balance, April Polyester Filling Lumber $ $
Entries for Materials
The materials purchased during April on account are summarized from the receiving reports as follows:
Fabric
Polyester filling
Lumber
Glue
$
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
Feedback
Check My Work
b Increase the work in process for direct materials for the Jobs and factory overhead for the indirect materials.
c Determine the April balances that would be shown in the materials ledger accounts.
Fabric
Balance, April
Polyester Filling
Lumber
$
$
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