On August 4, Rothchild Company purchased on account 12,000 units of raw materials at $ 14 per unit. On August 24, raw materials were requisitioned for production as follows: 5,000 units for Job 40 at $ 8 per unit and 6,200 units for Job 42 at $ 14 per unit. Journalize the entry on August 4 to record the purchase and on August 24 to record the requisition from the materials storeroom.