Question

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. Materials fill in the blank 0405c7fed078fd8_2 fill in the blank 0405c7fed078fd8_3 Accounts Payable fill in the blank 0405c7fed078fd8_5 fill in the blank 0405c7fed078fd8_6 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. fill in the blank 6c73b5f42041fa9_2

Answer 1

Note: The missing question is attached as picture

a. Accounts title & Explanations Debit$ Credit$

Material inventory 641,200

($122,700+$170,600+$336,200+$11,700)

Accounts payable 641,200

(For material purchased on account)

Note: Both, Direct material and Indirect material is included in Materials

b. Accounts title & Explanations Debit$ Credit$

Work in process inventory 652,300

($233,700+$211,300+$136,200)

Manufacturing Overheads 6,100

Material inventory 658,400

(For material issued for production both as direct and indirect material)

Note: Requisition of direct materials are charged to WIP and requisition of indirect materials forms part of factory overhead.