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Eclectic Ergonomics Company manufactures designer furniture. Eclectic Ergonomics uses a job order cost system. Balances on April 1 from the materials ledger are as follows
Fabric
$ 67,500
Polyester filling
20,200
Lumber
150,000
Glue
6,550
The materials purchased during April are summarized from the receiving reports as follows:
$338,400
470,400
902,400
32,400
Materials were requisitioned to individual jobs as follows:
Polyester Filling
Total
Job 81
$127,400
$160,800
$401,200
$ 689,400
Job 82
97,200
145,200
375,000
617,400
Job 83
91,200
118,400
210,000
419,600
Factory overhead-indirect materials
$34,800
34,800
$315,800
$424,400
$986,200
$1,761,200
The glue is not a significant cost, so it is treated as indirect materials (factory overhead).
Required:
A.
Journalize the April 1 entry to record the purchase of materials in April.*
B.
Journalize the April 3 entry to record the requisition of materials in April.*
C.
Determine the April 30 balances that would be shown in the materials ledger accounts.
*
Refer to the Chart of Accounts for exact wording of account titles.
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