The materials purchased during June are summarized from the receiving reports as follows: Materials were requisitioned to individual jobs as follows: The glue is not a significant cost, so it is treated as indirect materials (factory overhead). Required: A. Journalize the June 1 entry to record the purchase of materials in June.* B. Journalize the June 3 entry to record the requisition of materials in June. * C. Determine the June 30 balances that would be shown in the materials ledger accounts. *Refer to the Chart of Accounts for exact wording of account titles. A. Journalize the June 1 entry to record the purchase of materials in June.* B. Journalize the June 3 entry to record the requisition of materials in June.* * Refer to the Chart of Accounts for exact wording of account titles. How does grading work? Feedback Check My work A. Increase materials inventory and a liability for the total of purchases. B. Increase the work in process for direct materials for the jobs and factory overhead for the indirect materials. Final Question C. Determine the June 30 balances that would be shown in the materials ledger accounts
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