for its production. The following are the beginning balance of materials from the Blims Coration manufactures...

 

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for its production. The following are the beginning balance of materials from the Blims Coration manufactures furniture. It uses a job order costing system materials ledger Glue Wood Polyester Filling Rubber The materials purchased during the month of January are as follows: 32,000 1,200,000 3,240,000 4,500,000 Job no. 123 124 125 Glue Wood Materials issued to each job are as follows: Wood 350,000 600,000 150,000 Polyester Filling Rubber Glue Factory overhead 28,000 28,000 1,100,000 3,450 320,000 465,000 256,000 Rubber Polyester Filling 1,250,000 892,000 900,000 1,975,000 875,000 1.179,000 3,025,000 4,046,000 Required: Prepare the journal entry for a. Purchase of materials b. Issuance of materials c. Determine the ending balance of materials. Total 2,492,000 3,475,000 2,204,000 28,000 8,199,000 for its production. The following are the beginning balance of materials from the Blims Coration manufactures furniture. It uses a job order costing system materials ledger Glue Wood Polyester Filling Rubber The materials purchased during the month of January are as follows: 32,000 1,200,000 3,240,000 4,500,000 Job no. 123 124 125 Glue Wood Materials issued to each job are as follows: Wood 350,000 600,000 150,000 Polyester Filling Rubber Glue Factory overhead 28,000 28,000 1,100,000 3,450 320,000 465,000 256,000 Rubber Polyester Filling 1,250,000 892,000 900,000 1,975,000 875,000 1.179,000 3,025,000 4,046,000 Required: Prepare the journal entry for a. Purchase of materials b. Issuance of materials c. Determine the ending balance of materials. Total 2,492,000 3,475,000 2,204,000 28,000 8,199,000 for its production. The following are the beginning balance of materials from the Blims Coration manufactures furniture. It uses a job order costing system materials ledger Glue Wood Polyester Filling Rubber The materials purchased during the month of January are as follows: 32,000 1,200,000 3,240,000 4,500,000 Job no. 123 124 125 Glue Wood Materials issued to each job are as follows: Wood 350,000 600,000 150,000 Polyester Filling Rubber Glue Factory overhead 28,000 28,000 1,100,000 3,450 320,000 465,000 256,000 Rubber Polyester Filling 1,250,000 892,000 900,000 1,975,000 875,000 1.179,000 3,025,000 4,046,000 Required: Prepare the journal entry for a. Purchase of materials b. Issuance of materials c. Determine the ending balance of materials. Total 2,492,000 3,475,000 2,204,000 28,000 8,199,000 for its production. The following are the beginning balance of materials from the Blims Coration manufactures furniture. It uses a job order costing system materials ledger Glue Wood Polyester Filling Rubber The materials purchased during the month of January are as follows: 32,000 1,200,000 3,240,000 4,500,000 Job no. 123 124 125 Glue Wood Materials issued to each job are as follows: Wood 350,000 600,000 150,000 Polyester Filling Rubber Glue Factory overhead 28,000 28,000 1,100,000 3,450 320,000 465,000 256,000 Rubber Polyester Filling 1,250,000 892,000 900,000 1,975,000 875,000 1.179,000 3,025,000 4,046,000 Required: Prepare the journal entry for a. Purchase of materials b. Issuance of materials c. Determine the ending balance of materials. Total 2,492,000 3,475,000 2,204,000 28,000 8,199,000

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To determine the ending balance of materials calculate the total materials purchased and subtract th... View the full answer